Real estate sector makes up over a third of New India Co-operative Bank’s loan book
By the end of FY24, the bank’s exposure to the real estate sector stood at ₹418.34 crore. Interestingly, despite a shrinking loan book, the bank's real estate exposure has surged from 11.4% in FY20 to 35.6% in FY24.
By the end of FY24, the bank’s exposure to the real estate sector stood at ₹418.34 crore. Interestingly, despite a shrinking loan book, the bank's real estate exposure has surged from 11.4% in FY20 to 35.6% in FY24.
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