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Bharat Financial shares drop 6% on fears of bad loans

Bharat Financial shares drop 6% on fears of bad loans

Tuesday, March 7, 2017, 12:55 PM

Shares of Bharat Financial Inclusion Ltd fell by 6%, after the company said that 4.5% of its gross loans may turn bad in the fourth quarter. Company told its investor community that 4.5% of its gross loan portfolio, is under risk of falling into bad loans in the fourth quarter. In intraday trade, Bharat Financial shares touched a low of Rs 754.25 a share.
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