Home / Companies / News / Infra finance major PTC India issues fresh loans worth Rs 884 in Q4 FY20

Infra finance major PTC India issues fresh loans worth Rs 884 in Q4 FY20

Existing credit lines of Rs 800 crore were renewed and fresh long-term credit lines of Rs 600 crore were received

debt, loan, liquidity, market share, corporate, company, companies, firm, india inc, cash, fund, shares, stocks, shareholding, investment, lending

Premium

PTC said the long-term to short-term liability ratio improved to 91:9 per cent and debt-equity improved to 4.43 as on March 31.

ANI

2 min read Last Updated : Jun 15 2020 | 11:41 AM IST

Infrastructure finance company PTC India Financial Services on Monday reported issuing fresh loans of Rs 884 crore and further disbursements of about Rs 511 crore during the quarter ended March (Q4 FY20).

Existing credit lines of Rs 800 crore were renewed and fresh long-term credit lines of Rs 600 crore were received, it said.

PTC said the long-term to short-term liability ratio improved to 91:9 per cent and debt-equity improved to 4.43 as on March 31. The stress or non-performing asset (NPA) accounts of nearly Rs 144 crore were resolved during Q4 FY20.

The company said gross GNP accounts stood

Topics : infrastructure PTC India

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in