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KV Kamath says digital economy can contribute 25% GDP by FY29
  • BFSI

KV Kamath says digital economy can contribute 25% GDP by FY29

  • 27/02/2023
  • 0

Mumbai, Noted banker KV Kamath, who now chairs the National Bank for Financing Infrastructure and Development (NaBFID), expects the digital sector to contribute a quarter […]

Higher cash, quicker resolution help improve redemption ratio for ARCs
  • BFSI

Higher cash, quicker resolution help improve redemption ratio for ARCs

  • 24/02/2023
  • 0

The cumulative redemption ratio for security receipts (SRs) issued by asset reconstruction companies (ARCs) has improved to 44% in 2019 from a mere 3% in […]

Indian banks may face rise in bad loans from retail, small businesses: SBI official
  • BFSI
  • Enterprise

Indian banks may face rise in bad loans from retail, small businesses: SBI official

  • 24/02/2023
  • 0

Indian banks could see an increase in bad loans in the retail and small business segments from its recent low levels, an official with the […]

Banks’ asset quality likely to improve further, say analysts
  • BFSI

Banks’ asset quality likely to improve further, say analysts

  • 23/02/2023
  • 0

Indian banks’ asset quality improved over the last couple of years and is soon expected to be better than what it was in 2015 before […]

Punjab & Sind Bank aims at Rs 500 cr recovery from NPAs in Q4: MD
  • BFSI
  • Enterprise

Punjab & Sind Bank aims at Rs 500 cr recovery from NPAs in Q4: MD

  • 30/01/2023
  • 0

Punjab & Sind Bank managing director Swarup Kumar Saha has said the bank is expecting a Rs 500 crore recovery in the fourth quarter, as […]

Microfinance NPA at all time high of Rs 36,500 crore as loans restructured earlier showing stress
  • BFSI
  • Enterprise

Microfinance NPA at all time high of Rs 36,500 crore as loans restructured earlier showing stress

  • 17/12/2022
  • 0

The stress in the microfinance sector is far from over with the sector’s bad loans ratio rising for the second consecutive quarter to 12.1% at […]

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