Small biz loan claims under audit, Bandhan says in filing

Small biz loan claims under audit, Bandhan says in filing

The National Credit Guarantee Trustee Company (NCGTC) will conduct a detailed audit of claims submitted by Bandhan Bank against non-performing loans extended by the lender under a government guarantee scheme. The private sector lender claimed twice from the credit guarantee fund for the micro units (CGFMU). After receiving the first tranche, it had applied for … Read more