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While its assets under management grew 28 per cent YoY at Rs 13,929 crore, Poonawalla Fincorp's gross non-performing assets were down by 236 basis points YoY to 1.69 per cent
Motilal Oswal Financial Services recently initiated coverage on Poonawalla Fincorp with a 'buy' rating and a target price of Rs 350 per share
Net interest income for reporting quarter grew by 33 per cent at Rs 446 per cent