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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 #GoldmanSachsWhen the market was rising, trading looked easy for everyone. But the moment volatility hit, reality struck hard. NSE’s latest data shows...
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#SBIN #PowerGrid #NTPC #NCC #CanBk #PNB #IDFCFirstB #BandhanBnk #FederalBnk #BankBaroda #LicHSGFin #CoalIndia #INFY #TATASteel ...
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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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#Nifty #BankNifty Open In Down Side.. #NiftySpot 22250 On Closing Basis Near Term Support.. #Nifty Is Trading Near 22228 #SBIN #coali...