RBI Extends Time for NBFCs to Follow New NPA Upgradation Norms

On Tuesday, the Reserve Bank of India (RBI) granted an extension of…

RBI to Limit Weak NBFCs to Avoid Busts

It has been almost two decades since the corrective action framework was…

RBI: Banks to Specify Repayment of Loans

The Reserve Bank of India (RBI), on 12 November 2021, released a…

NPAs Increase in PSUs Due to COVID

There has been a constant increase in the Non-Performing Assets (NPA) of…

India’s New Bad Bank Takes Shape to Reduce Debt Burden

Finance Minister Nirmala Sitharaman announced the formation of a bad bank during…

$27 billion- New Bad Bank’s Debt Pile

India’s new bad bank is set to be launched soon. It is…

Banks Have Sanctioned Loans Over Rs.15 Lakh Crore Under PMMY

On Wednesday, the Finance Ministry said financial institutions and banks had sanctioned…

Are financial institutions estimating higher default rates in home loans?

The structural demand for the Indian housing market is estimated to remain…

No extension of loan moratorium, interest waiver not possible

The Supreme Court passed judgement on the loan moratorium case on Tuesday.…

Fate of NPAs Likely To Worsen in the Initial Six Months of 2021

Asset quality of banks had seen a slight improvement in the second…