President Pratibha Patilon Thursday conferredawards of 368 Gallantry and other Defence decorations to Armed Forces personnel and others as part ofthe 63rd Republic Day Celebrations.This includes......
The Reserve Bank of India’s (RBI’s) decision to withdraw the incremental cash reserve ratio (I-CRR) is expected to benefit banks during the festival season. Illustration: Uttam......
Bank credit is likely to grow at a four-year high of 11-12 per cent in fiscal 2023, on the back of better economic growth and budgetary support from the government, according to a report.......
Banks are set to sell dud-loans worth Rs 90,000 crore of 22 firms in the first tranche to the National Asset Reconstruction Company (NARCL). Illustration: Uttam Ghosh/Rediff.com It’s reason......
Lenders can now initiate recovery proceedings since the SC has lifted the standstill on asset classification, which protected stressed accounts from slipping into NPAs. Illustration: Uttam......
The major beneficiaries of loan recasting will be sub-Rs 500 crore corporate exposures and retail exposures, which were earlier expected to see the highest increase in NPAs in percentage terms.......