Q1 FY 24 Performance Snapshot slide image

Q1 FY 24 Performance Snapshot

SECURITY RECEIPTS Balance outstanding of Security Receipts wrt NPA sold to ARC Period ended Mar-20 Amount (in INR Mn) 2474 Mar-21 1429 Mar-22 917 Jun-22 819 Sep-22 804 Dec-22 12 Mar-23 12 Jun-23 319 ➤In Q3 FY 23, we we had written off SRs which had crossed the 8 year time limit to the tune of Rs.792 Mn and as a result, the total SRs outstanding as of 31.03.2023 is only Rs. 12 Mn ➤During Q4 FY 23, we have sold accounts to the tune of Rs.860 Mn to ARC. Since the ISIN for those SRs allotted in QI FY 24, the same was accounted in Jun 23 figures. CUB CUB 34
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