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Credit growth seen to improve aided by govt's push on public spending

Bank credit offtake is expected to pick up following normalisation of economic activities aided by the government thrust on public expenditure in current fiscal year, a report said. Illustration:......

RBI warns of bad loan spike, pencils NPAs at 8.1-9.5% by Sep 2022

Gross bad loans of banks may rise from 6.9 per cent in September 2021 to 8.1-9.5 per cent by September 2022 if the Omicron variant strikes the economy hard, as per the financial stability report of......

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......

Banks' gross NPAs may rise to 9.8% by March 2022: RBI

Gross non-performing assets (GNPAs) of banks may rise to 9.8 per cent by March 2022 under a baseline scenario, from 7.48 per cent in March 2021, according to the Financial Stability Report (FSR)......

Banks are reasonably resilient to withstand any future shocks: RBI Guv

Economic activity has regained momentum from late-May after the dent caused by the second wave of COVID-19, and the pandemic's impact on the overall asset quality has been less than expected,......

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Coming to India and making

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