The recent clarification by the Reserve Bank of India on non-performing advances (NPA) may increase non-banking financial companies' (NBFC) bad loans by one-third, says a report. Illustration:......
Quite a few analysts are maintaining a 'buy' rating on the bank but they have downgraded earnings and RoA (return on assets) expectations and target prices. Devangshu Datta reports. Photograph:......
The Reserve Bank of India has imposed a penalty of Rs 7 crore on State Bank of India for non-compliance of directions. The regulatory lapses relate to bad loans classification, fraud risk......
'We do not know when we will get to the business-as-usual mode.''Many borrowers may not be able to pay up.''The incidence of cheque bouncing has doubled or even trebled, some lenders say,' says......
IMAGE: Esports drivers compete in the F1 New Balance Esports Series. Photograph: Miles Willis/Getty Images Sports fans and players across the world frustrated by cancelled matches......