193 | Annual Report | 2023-2024 E) Sector-wise NPAs - Percentage of NPAs to total advances in that sector Particulars As at 31 March 2024 As at 31 March 2023 Agriculture & allied activities Nil Nil MSME Nil Nil Corporate borrowers (*) Nil Nil Services 0.15% 3.05% Unsecured personal loans 8.28% 17.56% Microfinance Loan 1.70% 2.73% Auto loans Nil Nil Other personal loans Nil Nil (*) Corporate borrowers are included in the respective sector. F) Movement of NPAs Particulars As at 31 March 2024 As at 31 March 2023 i) Net NPAs to net advances (%) 0.00% 0.21% ii) Movement of gross NPA's a) Opening balance 14,513.51 18,700.69 b) Additions during the year 22,440.57 50,050.58 c) Reductions during the year (25,591.82) (54,237.76) d) Closing balance 11,362.26 14,513.51 iii) Movement of net NPA's a) Opening balance 1,045.49 16,975.86 b) Additions during the year - - c) Reductions during the year (1,045.49) (11,459.24) d) Closing balance - 1,045.49 iv) Movement of provisions for NPA's (excluding provisions on standard assets) a) Opening balance 13,468.02 13,184.07 b) Provisions made during the year 22,440.57 48,853.02 c) Write-off/ write-back of excess provision (24,546.33) (48,569.07) d) Closing balance 11,362.26 13,468.02 G) Overseas Assets (for those with Joint Ventures and Subsidiaries abroad) The Company did not have any overseas assets during the current and previous year. H) Off-balance sheet SPVs sponsored The Company did not sponsor any SPVs during the current and previous year. Note 46: Disclosures pursuant to the RBI Master direction circular RBI/DoR/2023-24/106 DoR.FIN.REC. No.45/03.10.119/2023-24 (Cont'd) viii) Additional Disclosures (Cont'd) Arohan Financial Services Limited Notes to financial statements for the year ended March 31, 2024 (Contd.) (All amounts in ` lakhs unless otherwise stated)
RkJQdWJsaXNoZXIy NTE5NzY=