PSBs have seen recoveries of written off loans growing faster than fresh write-offs since 2019-20, according to data provided by Ministry of Finance in Rajya Sabha.
Central bank has set out norms on how to identify wilful defaulters and penal provisions associated with them to maintain 'the integrity of the financial system'.
In a consultation paper, SEBI notes traders, mostly individuals, in derivatives on NSE made a cumulative loss of Rs 51,689 crore in FY24, with algorithmic traders & FPIs making profits.
Govt has not had to recapitalise PSBs since FY22. These banks, now highly profitable, are now increasingly meeting their capital requirements from their own resources.
Govt data shows that unpaid workers make up nearly one-fifth of the overall workforce, with the situation being more severe in agriculture-heavy rural areas, particularly for women.
ThePrint spoke to several prominent economists on whether RBI’s current interest rate policy is adversely impacting growth or if watching inflation should be the way forward.
RBI’s latest financial sector report card highlights drop in NPAs, capital buffers for banks & better asset quality for NBFCs. But new sources of risk, like climate change, have emerged.
The Reserve Bank of India, which has been keeping a hawk eye on the rupee to prevent it from plumbing lifetime lows, will be vigilant of the inflows and speculative positioning on the currency.
In 'A Fly on the RBI Wall: An Insider’s View of the Central Bank', Alpana Killawala narrates Raghuram Rajan's initial struggles with his public image as he became the RBI Governor.
While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
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