Indian banks, led by State Bank of India, secured a major legal victory in the UK against Vijay Mallya, as the High Court upheld a bankruptcy order, dismissing his appeals in a cas...
India's public sector banks are poised for a Rs 20,000 crore earnings boost as the RBI allows profit booking on security receipts from bad loans sold to ARCs, with NARCL playing a ...
Indian banks have written off Rs 16.35 lakh crore in bad loans over the last decade, with recovery efforts ongoing through legal and financial mechanisms. The government has also a...
Fitch Ratings commends Indian banks for their strong performance and efforts in improving loan quality and diversification, leading to a decrease in bad loan formation.
Indian banks are expected to see a 12.5% credit growth in FY25, despite challenges like tight liquidity and GDP slowdown. Retail loans show positive momentum, with significant grow...
