Earlier, the Reserve Bank of India had spiked a plan that envisaged the setting up of ARC on its own...

Most of the banks that have declared their second quarter results have seen a sequential reduction in their non-performing accounts...

Panel pegs amount to Rs 31,000 crore...

Economic Survey 2020-21 cited history where the political unit provided regulatory forbearance, thereby allowing lenders to conceal the magnitude of the problem...

As the pandemic wrecked havoc on the economy leading to job losses, borrowers delayed repayments or failed to repay altogether...

There is one other worry that the central bank has articulated: the growing disconnect between certain segments of the financial markets and the real economy...

Housing finance companies need to prepare for slippages and higher provisioning...

The optimism, visible since September, has seen the Bank Nifty outperforming the Nifty 50 around 22% from that month...

Move comes even as Credai sought protection on the ground that 98% of its members would become NPAs if the govt did not come out with any relief package for the sector...

Terrible habit that repeats itself, going zig-zag and tangential in a straight and narrow column space...