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IIFCL TARGETS ZERO NET NPAS AND 18% GROWTH IN FY25

Why in the news? India Infrastructure Finance Company Ltd (IIFCL) aims for 18% growth in FY25. Targets to achieve zero net non-performing assets (NPAs) within the current financial year. source:freshersnow About Non-Performing Asset (NPA): Definition: A loan overdue for 90+ days, affecting various loan types. Impact: Reduces bank income, profitability, lending capacity, and increases loan …