Brief: Ugro Capital Update On Increase Of Risk Weight For Consumer & Personal Loans
21/11/2023 15:44
Nov 21 (Reuters) - Ugro Capital Ltd UGRO.NS :
* ON INCREASE OF RISK WEIGHT FOR CONSUMER & PERSONAL LOANS,
CO
SAYS WOULD NOT HAVE ANY ADDITIONAL RISK WEIGHT ON UNDERLYING
PORTFOLIO
* IMPACT OF INCREASED RISK WEIGHTS ON CAPITAL ADEQUACY
RATIO,
RETURN ON EQUITY AND RETURN ON ASSET WOULD BE NIL
* DON'T FORESEE SIGNIFICANT IMPACT ON LIQUIDITY BECAUSE OF
CIRCULAR ON INCREASE OF RISK WEIGHT ON BANK LENDING TO NBFC
Source text for Eikon: ID:nNSE4Kl4ht
Further company coverage: UGRO.NS
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