Arohan Financial Services Limited | Annual Report 2022-23

185 | Annual Report | 2022-2023 Note 46: Additional disclosures pursuant to Para 19 of Master Directions - Non-Banking Financial Company - Systemically Important Non-Deposit taking company and Deposit taking company (Reserve Bank) Directions, 2016. (contd.) viii) Additional Disclosures (Contd.) D) Sectoral exposure (Contd.) E) Movement of NPAs F) Overseas Assets (for those with Joint Ventures and Subsidiaries abroad) The Company did not have any overseas assets during the current and previous year. G) Off-balance sheet SPVs sponsored The Company did not sponsor any SPVs during the current and previous year. Sector-wise NPAs - Percentage of NPAs to total advances in that sector As at 31 March 2023 As at 31 March 2022 Agriculture & allied activities Nil Nil MSME Nil Nil Corporate borrowers (*) Nil Nil Services 3.05% 0.24% Unsecured personal loans 17.56% 9.84% Microfinance Loan 2.73% 4.24% Auto loans Nil Nil Other personal loans Nil Nil (*) Corporate borrowers are included in the respective sector. Particulars As at 31 March 2023 As at 31 March 2022 i) Net NPAs to Net Advances (%) 0.21% 1.37% ii) Movement of NPAs (Gross) a) Opening Balance 18,700.69 52,096.33 b) Additions during the year 50,050.58 12,787.34 c) Reductions during the year (54,237.76) (46,182.98) d) Closing balance 14,513.51 18,700.69 iii) Movement of Net NPAs a) Opening Balance 5,516.62 16,975.86 b) Additions during the year 1,197.56 - c) Reductions during the year (5,668.69) (11,459.24) d) Closing balance 1,045.49 5,516.62 iv) Movement of provisions for NPAs (excluding provisions on standard assets) a) Opening Balance 13,184.07 35,120.47 b) Provisions made during the year 48,853.02 22,331.64 c) Write-off/ write-back of excess provision (48,569.07) (44,268.04) d) Closing balance 13,468.02 13,184.07 Arohan Financial Services Limited Summary of significant accounting policies and other explanatory information for the year ended 31 March 2023 (Contd.) (All amounts in ` lakhs unless otherwise stated)