Bad debts
Indian bank bad debt could double in coronavirus crisis
A fresh surge in bad debt could hit credit growth and delay India’s recovery from the coronavirus pandemic
Banks asked to set up one platform for sale of loan defaulters’ assets
About 80-85 per cent of non-performing asset cases between Rs 10 lakh and Rs 20 lakh are fully secured.
Mudra loans a big scandal in banking system
The managers used a part of the 60 per cent amount to repay the Mudra loan for a year and pocketed the rest.
Govt infusing capital in banks only short term solution: AIBEA
Centre unveiled a Rs 2.11 lakh crore two-year road map for strengthening NPA-hit public sector banks.
Credit growth plunges to even lower than FY17 level to 4.3 per cent
The cumulative growth for the first month of the new fiscal year is only 5.3 per cent.
Liquor baron Vijay Mallya gets bail shortly after arrest in London
The ostentatious businessman was arrested on a extradited warrant and will appear today at Westminster Magistrates' Court in London.