Bank credit likely to grow at 4-year high of 11-12% in FY23

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.......

Bad-loan market may soon see flurry of activities

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......

Loan moratorium: SC ruling clears overhang for banks

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......

No getting away from surge in bank NPAs in new year

About 50 per cent of the accounts that availed of the EMI moratorium amid the pandemic, which made things worse in an already slowing economy, are expected to be restructured, and of these accounts......