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Wilful defaults are Rs 62,000 crore higher than pre-Covid levels

Public sector banks accounted for 77.4 per cent of the total amount outstanding at Rs 5.3 trillion as of June. Illustration: Uttam Ghosh/Rediff.com The Indian banking system's latest record on......

Govt rules out fresh PSB merger proposal

The government has set the loans disbursement target under the PM Mudra Yojana (PMMY) at Rs 3 trillion for the current financial year as compared to Rs 3.21 trillion sanctioned in FY21.......

Home, auto loan inquiry back to 2019 level

The public sector lenders saw the biggest rebound in inquiries in July and August 2020, most likely because they were early in recommencing operations than their private and finance counterparts.......

Number of wilful defaulters was on rise even before lockdown

Lenders had filed 1,251 cases to recover Rs 24,765.5 crore. Wilful defaulters are the entities that do not pay back money despite the ability to do so. Defaulters above Rs 1 crore were considered......

Why it makes sense for banks to lend to MSMEs

'In times of recovery, we may see a rural-urban divide with the urban pockets affected more by COVID-19, but the MFI business model should encourage banks to handhold them in this hour of crisis,'......

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Transunion Cibil

News for Transunion Cibil

Wilful defaults are Rs 62,000 crore higher than pre-Covid levels

Govt rules out fresh PSB merger proposal

Home, auto loan inquiry back to 2019 level

Number of wilful defaulters was on rise even before lockdown

Why it makes sense for banks to lend to MSMEs

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