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During 2023-24, banks wrote off bad loans of Rs.1,70,270 crore, lower than Rs.2,16,324 crore done in the previous financial year

India’s banks write off Rs.16.35 lakh crore in bad loans over the last 10...

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Govt withholds names of defaulters with bad loans India’s banks have written off non-performing assets (NPAs) or bad loans worth about Rs.16.35 lakh crore in...
Opposition habituated to spreading lies wrongly claims that there has been a

Banks recovered Rs.10 lakh crore bad loans during 2014-23: FM Nirmala Sitharaman

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‘Seeds’ of the NPA crisis were sown during the Congress-led UPA era: FM Nirmala Sitharaman On Friday, Finance Minister Nirmala Sitharaman said that banks have...
CBI received a complaint in this connection from the Punjab National Bank on March 13 this year

CBI books 2 Ghaziabad-based firms in Rs.8.75 cr bank loan fraud case

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CBI books Accord Furnishing Pvt. Ltd, its directors, and Guarantor of Anchor Overseas, its director in bank loan fraud case The Central Bureau of Investigation...
ED seized digital evidence and incriminating documents including documents of properties suspected to be acquired out of the proceeds of crime

ED searches six places in Hyderabad in Rs.240 cr bank fraud case

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Rs.240 cr bank fraud: ED searches PCH Marketing premises in the PMLA case The Enforcement Directorate (ED) has said that it recently conducted searches at...
A broad swath of loans given to MSME could be in trouble, says a study by CRISIL & Assocham

Bad loans of banks may cross Rs 10 lakh crore by end of this...

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Assocham-Crisil study: Indian banks could have more than ₹10 lakh crore NPAs by March 2022 In a study released by rating firm Crisil and industry...
When cleaning bad loans, Banks should name and shame the borrowers

When cleaning bad loans, Banks should name and shame the borrowers

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New Delhi In an article published on this site, Raghuram Rajan, the Reserve Bank of India (RBI) Governor had exhorted the staff of the bank...
A comprehensive breakdown of the Finance Ministry’s disclosures in Parliament: massive loan write-offs by Public Sector Banks, improving capital positions without government infusion, rising digital fraud cases, and the scale of export credit disbursement over the past five years

PSU banks write off loans worth Rs.6.15 lakh crore in the last 5.5 years

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Loan write-offs, cyber frauds, export credit: Govt shares key banking data in LS Public sector banks have written off loans worth Rs.6.15 lakh crore in the...
Indian firms dominate the World Bank’s “Ineligible Firms & Individuals” list for fraudulent and corrupt practices, as Gujarat‑based Transformers & Rectifiers (India) Limited becomes the latest in a long line of bans linked to international projects

World Bank’s debarred list shows over 50 Indian firms for fraudulent and corrupt practices

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India firms dominate World Bank’s debarred list The number of Indian companies and individuals debarred by the World Bank for fraudulent and corrupt practices is...
Tribunal upholds ED’s attachment of Karti Chidambaram’s Rs.22 crore assets in INX Media case, praises probe officer Rajeshwar Singh

INX Media case: Tribunal upholds ED attachment of Karti Chidambaram’s Jorbagh property, 7 bank...

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ED wins INX Media case appeal; Karti Chidambaram’s Rs.22 cr assets stay attached in INX Media case The Appellate Tribunal under the Prevention of Money...
The plea alleges constitutional violations, misuse of temple funds, and interference in ongoing court proceedings

Management committee of Banke Bihari temple moves SC against UP Govt Ordinance on administration

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UP Ordinance sparks legal battle over Banke Bihari Shrine control The management committee of the Thakur Shree Banke Bihari Ji Maharaj temple in Mathura has...

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