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Banking Sector Braces for Impact: Rising Bad Loans Set to Undermine Profits by FY26

Olivia Carter 08 Jan, 2025

The banking sector is poised for a profitability decline by FY26 due to rising bad loans and higher credit costs, with unsecured retail loans identified as a major risk factor, acc...

Business

Raghuram Rajan Reveals Arun Jaitley's Support for Cleaning Up Bad Loans

Sarah Mitchell 22 Dec, 2024

Raghuram Rajan reveals that ex-finance minister Arun Jaitley supported cleaning up bad loans of Indian banks, highlighting the need for decisive action amidst corruption and global...