Failure to slash stressed assets, cash crunch in NBFCs, delays in bankruptcy process are adding to challenges faced by banks as they tidy up balance sheets.
A delay in lending to residential projects is adding to the mounting default risk, with as many as 5.60 lakh homes worth Rs 4.5 lakh crore stuck in top cities.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
This case is an evidence to prove that how borrowers outsmart banks and avail of loans, and avoid repayment, and how banks outsmart Reserve Bank and hide irregularities and avoid penal action. This also proves that if one has a gun one. Can rob a bank and if one has a bank he can rob people. Sorry state of affairs indeed. How to build trust in Banks which is the capital and backbone of banks in being in business is a million dollar question indeed.
PM Mr Narendra Modiji should intervene in the PMC bank crisis and end the anguish of the depositors immediately by returning their hard-earned money to them.
This case is an evidence to prove that how borrowers outsmart banks and avail of loans, and avoid repayment, and how banks outsmart Reserve Bank and hide irregularities and avoid penal action. This also proves that if one has a gun one. Can rob a bank and if one has a bank he can rob people. Sorry state of affairs indeed. How to build trust in Banks which is the capital and backbone of banks in being in business is a million dollar question indeed.
PM Mr Narendra Modiji should intervene in the PMC bank crisis and end the anguish of the depositors immediately by returning their hard-earned money to them.