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Tourism Finance Expects To Rid Itself Of Bad Loans By March 2018

Tourism Finance Corporation expects a significant improvement in its bad loans.

BQ Desk
A cafe, formerly operating as the Iah Bar, is seen at the Roseate New Delhi hotel, operated by the Bird Group, in New Delhi, India. (Photographer: Anindito Mukherjee/Bloomberg)

Tourism Finance Corporation of India Ltd. may see a significant improvement in its net non-performing assets as it expects to rid itself of bad loans by March 2018, the company’s Managing Director Satpal Arora said.

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