Brief: Poonawalla Fincorp- Increase In Risk Weight On Co's Consumer Credit Exposure Shall Be Marginal
17/11/2023 09:50
Nov 17 (Reuters) - Poonawalla Fincorp Ltd POON.NS :
* POONAWALLA FINCORP LTD- INCREASE IN RISK WEIGHT ON CO'S
CONSUMER CREDIT EXPOSURE SHALL BE MARGINAL
* POONAWALLA FINCORP LTD- RESULTANT CAPITAL ADEQUACY WOULD
BECOME
ABOUT 40% FROM 42.2%
* POONAWALLA FINCORP LTD- DO NOT EXPECT ANY IMPACT OF
INCREASED
RISK WEIGHTS ON GROWTH TRAJECTORY AND PROFITABILITY
Source text for Eikon: ID:nBSEbCNxss
Further company coverage: POON.NS
((Reuters.Briefs@thomsonreuters.com;))
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