December 17, 2024 9:58 am
Total recoveries from write-offs were only 18.70 per cent at Rs 1,85,241 crore in the last five years, according to the Reserve Bank of India data.
December 16, 2024 7:45 am
Manufacturing, energy, construction dominate bad loans list till March 2019.
September 22, 2023 4:59 am
The revision of norms comes after a review of the instructions and consideration of various judgments and orders from the Supreme Court and High Courts, as well as representations and suggestions received from banks and other stakeholders, the central bank said
June 29, 2023 6:06 am
If the macroeconomic environment worsens, though, the GNPA ratio may rise sharply, the central bank said in its Financial Stability Report (FSR) for June 2023 released on Wednesday.
January 26, 2022 1:03 am
🔴 The matter will be mentioned for urgent hearing by FRL’s lawyers on January 28.
June 29, 2021 8:23 am
PMMY or Mudra loans are given as business loans to vendors, traders and shopkeepers to boost income generation and create employment. It is also given as working capital loan through Mudra cards and for equipment financing for micro units.
June 27, 2021 8:51 am
P Chidambaram writes: The pandemic has killed the spirit of entrepreneurship among low-capital, under-20 employment, low-turnover, low-profit-seeking businesspersons. The government watched as their businesses collapsed. For them, it is the way to Atma Nirvana.
April 28, 2021 4:47 am
However, it supported the government’s proposal for a new ARC, saying that “such an entity will strengthen the asset resolution mechanism further.”
March 03, 2021 3:47 pm
Maharashtra banks are well on their way to miss meeting their target for the current financial year by a fairly large margin.
September 17, 2020 7:34 am
Mudra loan disbursements by state-owned banks rose to Rs 3.82 lakh crore in 2019-20, from Rs 3.05 lakh crore in 2018-19 and Rs 2.12 lakh crore in 2017-18. NPAs as a percentage of total loans rose to 4.92 per cent in 2019-20 from 3.42 per cent in 2017-18.





