Anil Ambani’s difficulties may increase, SBI told RCom’s loan account ‘Fraud’

Rcom Loan Fraud: Industrialist Anil Ambani’s bankrupt company Reliance Communications has been described as a fraud by SBI. Giving information about this in a letter filed in the stock exchange,…

Tariff also could not stop growth, India can become the fourth economy in the world this year

RBI Report On Economy: The RBI has released its monthly report, saying that despite the uncertainty and tariff war in the global economy, the Indian economy is not only standing…

Loan-related complaints up 43% in FY24, says RBI report – The Times of India

Complaints against banks and NBFCs represented 82.28 per cent and 14.53 per cent of the total complaints, respectively. Mumbai: Consumer complaints related to loans and advances accounted for the largest…

‘It’s time to stoke demand, trigger investment boom’ – The Times of India

MUMBAI: The country is poised for an economic rebounddriven by a resurgence in domestic demand and strong agricultural prospects, and the time is ripe to take steps to rekindle demand…

Has the crisis of NPA loan write-off of banks been averted? RBI said a big thing on the health of the banking sector

Bank NPA Crisis: The balance sheet of Indian banks remains strong, which is reflected in the increasing volume of loans and deposits. Apart from this, there has also been a…

‘Scope for credit growth to outpace economy,’ says RBI – Times of India

MUMBAI: There is scope for bank credit to outpace growth of the economy given the relatively low share of credit to GDP, according to RBI.“India’s total credit-to-GDP ratio (including credit…