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.......

If not for loan recast, banks' NPAs would have touched 20-year high

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.......

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......