We are used to thinking that banks typically lend to larger firms, and households borrow from the informal sector. It's time to revise these misconceptions.
Companies increasingly looking to raise funds from market, while banks focus more on personal loans. Reasons for shift include NPA crisis & higher trust among households, say experts.
Over half a century since Indira Gandhi nationalised 14 public sector banks, move still evokes sharp divisions, with some criticising it as a failure and others hailing it as a landmark decision.
Lenders view loan approvals with a low CIBIL score as a risky proposition, whereas a good credit score provides some assurance that the debt will be recovered.
A case was filed against Chaudhuri in 2015 for allegedly seizing a Jaisalmer hotel property in a loan settlement case and selling it at a throwaway price through fraudulent means.
The Modi government should assure citizens that no part of the monetised revenue will be used to bail out NPAs or build white elephants to mollify vote banks.
According to bankers, total debt recast will be around Rs 3 lakh crore. Shapoorji Pallonji, Future groups among firms to receive nod for recast, but may ultimately not need it.
The rating agency says India, Mexico, and South Africa are among the banking systems that will be slower to recover to 2019 levels — likely beyond 2023.
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.
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