Gross bad loan ratio hit a 12-year-low of 2.8% last fiscal year; however, it could rise to 3.4% under a severe stress scenario, RBI said in its semi-annual Financial Stability report
3 min read28 Jun 2024Time is running out for small businesses and nonprofits that took out roughly one million government loans during the pandemic.
6 min read7 Mar 2024Yes Bank 3-year lock-in would mean lesser institutional shareholding and more retail shareholding in coming times, say experts
4 min read13 Mar 2023Instead of making 100 per cent provisions for ‘fraud’ loans, banks can now transfer loans to asset reconstruction companies for a lower price. Let us decode how this is set to reform the banking landscape of India.
2 min read15 Dec 2021The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared