Disbursements should return to normalcy in Q4: Equitas

In an interview to CNBC-TV18, PN Vasudevan, MD of Equitas Holdings spoke about the results and his outlook for the company.

Speaking about the numbers, he said gross non-performing asset (NPA) would have been 2.95 percent if RBI dispensation was not used.

Asset under management (AUM) growth was marginally up 1-2 percent quarter-on-quarters as disbursements were down 24.5 percent QoQ, he said. Hopefully, disbursements should return to normalcy in Q4, he added.

Vasudevan further added that Q4 expected to be good considering it is a peak quarter.