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Banks wrote off bad loans worth over Rs 2.09 lakh crore during financial year (FY)2022-23, taking the total loan write-off by the banking sector to Rs 10.57 lakh crore in the last five years, the Reserve Bank of India (RBI) said in a Right to Information (RTI) reply to the Indian Express.
This loan write-off aided banks to bring down gross non-performing assets (GNPA) or loans defaulted by borrowers to a 10-year low of 3.9 percent of advances in March 2023, according to the report.
IMF And Goldman Sachs Predict GDP For 2075:
Know Where India, US, China & Other Economies Stand? Watch: https://youtu.be/_WI1Waesef4 #IMF #GDP #topeconomies #indianeconomy #China #India #GoldmanSachs"Indian Equities Markets Are Not A Game Of Kids".. Those Who Are Thinking They Can Make Easily Money Here... It is Impossible ...
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#Index Update.... #Nifty Spot In Trading Around 24,235 Almost Down 248 Points ( 1.01%) #NiftyBank Spot Is Trading Around 51,980 Almost ...
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100% All Rollover Completed Now.. Hold All Your Positions In October & Above Series.. #Nifty Spot Trading Near 24,675 #NiftyBank Spo...
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RBI’s MPC will announce its interest rate decision on Oct 1. What can India expect from the policy? #RBI #MPC #RBIMPCPolicy #NavratriUt...