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.
In 2024-25, India exported $387.54 bn worth of services, against imports of $198.14 bn, earning all-time high surplus of $189.40 bn. This offset 2/3rd of goods trade deficit.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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.