What is an NPA (Non-Performing Asset)?
Financial Institutions that lend or disburse loans to borrowers will mark loans as Non-Performing Assets (NPA) after 90 days of non-payment of interest or principal by the borrower. This can happen during the tenure of the loan or at maturity, if the borrower fails to pay the principal due.
Our NPA Ratio
9.36%* for our complete portfolio
0%* for our new business loans live since March 2021*Updated March 31st 2022
This is calculated as a ratio between Total Principal Outstanding of loans overdue for more than 90 days to Total Amount of Loans disbursed on Cashkumar
We have moved on from our previous model and now focus only on SME and Working Capital loans in Tier 2 and Tier 3 cities backed by our strategic partners.
However various collection efforts are continuosly happening to recover the pending EMIs from these NPA Borrowers.