All Strange Things About India and world
Governor Shaktikanta Das said that RBI recognises the destabilising potential of global risks.(File)Mumbai: The RBI today said banks’ gross NPA (non-performing asset) ratio has fallen to a sever-year low of…
Banks write off NPAs to optimise capital, the minister said.(Representational)New Delhi: Banks have written off Rs 11.17 lakh crore bad loans from their books in the last six years till…
Write-off does not benefit the borrowers, the Finance Minister said.(File)New Delhi: Scheduled commercial banks have written off loans amounting to Rs 10,09,511 crore in the last five financial years and…
A crucial difference between an NBFC and a bank is the ability to raise deposits.As far as credit is concerned, India lags its western counterparts. The country’s outstanding credit is…
High bad loans (NPAs) indicate that the bank is in poor health.The December 2021 quarter was a good one for PSU banks. As the economy recovered, the credit growth of…