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Wednesday, April 22, 2026
TopicBank debts

Topic: Bank debts

Banks’ bad debts drop to 3.2% in 1st half of 2023-24, lowest since 2013. Over 50% due to write-offs

Share of gross non-performing assets of Scheduled Commercial Banks has fallen consistently since March 2018. But RBI report shows recoveries from written-off loans remain low.

Despite Adani Group’s high debt levels, risk to Indian banks is relatively low

Brokerage firm CLSA estimates Indian bank debt accounts for 33-38% of Adani group's overall debt. Of the top 5 of group's companies, only 3 have relatively high share of bank debt.

‘Indians bearing weight of govt’s kind-heartedness’: Varun Gandhi’s fresh salvo at Modi govt

Gandhi, who is the BJP MP from UP's Pilibhit, has been repeatedly launching tirades against his own party and government since the introduction of the now-repealed farm laws.

India’s economic recovery will be hit if banks aren’t recapitalised, former RBI chiefs warn

Bad loans of Indian banks pose a risk to growth if they aren’t recapitalised, D. Subbarao, Y. Venugopal Reddy and C. Rangarajan say in a new book.

Debt-laden Jet Airways plans to sell up to 75 per cent stake

State Bank of India Ltd., the lead creditor of Jet Airways, issued a document on Monday, inviting bidders with a net worth of at least Rs. 10 billion, to submit their interest by April 10.

On Camera

Mumbai woman who shouted at minister spoke for many Indians, exposed BJP’s protest politics

Had it been a poor woman shouting at Maharashtra minister Girish Mahajan over the roadblock, the police would likely have arrested her, raided her home, and terrorised her family members.

India’s online gaming rules to take effect on 1 May; most games exempt from registration

The rules, which come into force on 1 May, establish an Online Gaming Authority which will determine whether a game is an online money game or online social game in only three situations.

Japan overhauls post-World War II pacifist military approach, lifts restrictions on defence exports

Since October last year, Japan PM Sanae Takaichi has planned to increase defence spending target to 2 percent of GDP.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.