Our systematic way of improving the systems has led NPA to come down to 1.52%: Pradip Kumar Das, IREDA

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Key Points

Pradip Kumar Das, CMD, IREDA, says the company is confident that as long as they keep on delivering the speedy appraisal process and accurate, maximum level of accuracy in their appraisal process and continuous reduction in NPA..

Having business is not an important thing..

Das says that he is confident IREDA is going to have quite a good fair amount of share in that retail space because the borrowers as well as the stakeholders trust us and have confidence in us...

Pradip Kumar Das: Today, our large book is purely project finance and a much bigger percentage is done in retail space..

Our prime responsibility was to venture into new and emerging space, and get into the nascent stage, hand-hold the developer, and give the input to our ministry, what kind of policy or process, procedure, measures they need to bring in, so that the sector gets a fair amount of maturity...