The key difference between the old and the revised rules is around the approval processes for the settlement of loans.
4 min read22 Jan 2025Data showed that ARCs have acquired total non-performing assets (NPAs) worth ₹19,184 crore during the September quarter, higher than ₹13,852 crore at the end of June quarter.
4 min read6 Dec 2024A borrower will be classified as a wilful defaulter if they default on a loan despite having the capacity to repay.RBI has asked banks to check all bad loans of ₹25 lakh and above for signs of wilful default.Total outstanding wilful default as of 31 March stood at ₹3.6 trillion.
3 min read30 Jul 2024Q1FY25 saw several banks and large NBFCs flagging a rise in delinquencies, especially in the agricultural, rural, microfinance and unsecured retail portfolios as collections and recoveries were hit by disruptions related to elections and heatwaves in parts of the country.
4 min read29 Jul 2024Gross 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 2024After the Reserve Bank of India announced that the asset quality of banks has shown significant improvement in the first half of FY24, market expert Porinju Veliyath took to X (formerly Twitter) to praise the central bank on achieving this extraordinary feat.
2 min read29 Dec 2023According to the Reserve Bank data, Scheduled Commercial Banks (SCBs) have done aggregate recovery of ₹10,16,617 crore during the last nine financial years. According to the Central Repository of Information on Large Credits the total funded amount outstanding of SCBs to corporate company borrowers, which was classified as NPA and had an amount outstanding of ₹1,000 crore or more was ₹1,03,975 crore as on March 31, 2023.
27 Jul 2023RBI’s Financial Stability Report (FSR) reveals the gross non-performing assets (GNPA) ratio has been gradually trending downwards from 9.3% in September 2019 to a seven-year low at 5.0% in September 2022, while net non-performing assets have dropped to a 10-year low of 1.3% of total assets. The stress tests in RBI’s Financial Stability Report showed that banks are capable of absorbing shocks even under adverse situations. Let’s do an in-depth analysis of the report to determine its trend, the policy actions that have been helpful, and what can be done to make things even better.
5 Feb 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 corporate loan book of HDFC Bank expanded by an eye-popping 26.5% in the September quarterThe retail loan book seemed to be the only scar from covid. It showed one of its lowest growths ever
2 min read18 Oct 2020The 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