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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 #GoldmanSachsNirmala Sitharaman blamed excess liquidity for Indian stock market Underperformance. Blaming India’s 12% equity market decline on “excess ...
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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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The Nifty came within striking distance of a 10 percent drop from its all-time high, edging closer to a technical correction on December 2...
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Today Booked Profit 174160/- In #INDUSTOWER In Between 21-4-20 To 03-09-21 Total Booked Profit Rs. 10826900/- New: #DRREDDY #Bergerpaint...