We are in the early days of a new year. Many have financial tasks such as tax-saving investments and insurance purchases to complete. Some are still trying to understand where to begin with their mone...

Under-capitalisation of banks and the pernicious phenomenon of zombie lending (lending without due diligence) or ever-greening  (not recognising sticky assets) that led to the bad loan crisis in ...

Union Budget 2021-22 is expected to provide a road map to the banking sector to help it tackle rising bad loans, characterised in banking parlance as non-performing assets (NPAs). The measures being c...

The Reserve Bank of India has raised a red flag for the banking industry with an early warning that the stack of bad loans could rise to alarming levels once it starts to roll back the post-pandemic r...

The Reserve Bank of India (RBI) on Wednesday formed a working group to study all aspects of digital lending activities to help it implement an appropriate regulatory framework. The move comes amid ri...

The Reserve Bank of India (RBI) on Monday cautioned the asset quality of the banking system may deteriorate sharply even as the actual amount  of bad loans remains unknown on account of a Supreme...

The Supreme Court on Thursday reserved its verdict on a batch of petitions seeking extension of moratorium which ended on August 31 till March 31, 2021 and waiver of interests during the moratorium pe...

The minister added that the agriculture department was also working on an export policy to provide an additional market for surplus vegetables that are grown in Jharkhand. “A few months back, w...

After going through a difficult phase during the onset of the Covid-19 pandemic, the outlook for banks is turning positive as the economy moves towards recovery and the asset quality looks unlikely to...

The Reserve Bank of India (RBI) on Saturday clarified that borrowers who are seeking resolution under Covid-19 related stress package need not present any resolution plan to their lending institutions...