NPA

“So there was a period from 2006 up to about 12, so five, six years, when in response to a slowing growth, the authorities of that time basically opened up the banks and basically said, you go and blindly lend everywhere. And so some part of that capacity creat…”

“So somebody who does their job well in terms of underwriting these institutes or the courses, the end uses and the students will have a very low NPA. It will behave like a secured product is what our understanding.”

“First piece is NPAs because credit losses have different have a You know, high order effect. once your credit losses start coming in, it's very hard to come back as a company, as a lending company, your liabilities you, you're not able to raise liabilities …”