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Speaking to CNBC-TV18 Satpal Arora, MD of Tourism Finance Corp said they have made provisions for Rs 20 crore.
The company has 7 sub-standard accounts, which have a total value of Rs 139 crore, says Satpal Arora, MD of TFCI.
The company's gross NPA stands at 10 percent and net NPA at 8 percent, says Satpal Arora, MD, Tourism Finance Corporation of India (TFCI).
Speaking to CNBC-TV18, SK Sangar, Managing Director of the company said that gross non-performing loans (NPLs) have been flat in the quarter gone-by with no slippages or retsructured accounts.
The company is targeting FY16 sanctions at around 25 percent and disbursement at 40 percent, said SK Sangar, MD, Tourism Finance Corporation.