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Presenting the figures of the last five years in Parliament, Sitharaman has told that the loans stuck in the banks for the last five years have been transferred to the write-off account as per the RBI guidelines

Indian Banks wrote off loans amounting to Rs.10.09 lakh crores in the past five...

Team PGurus - December 20, 2022 1

SBI wrote off the highest amount of bad loans in 2021-22 India’s banks have written off loans amounting to over Rs.10.09 lakh crore in the...

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...

Team PGurus - September 14, 2021 1

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...

A well-choreographed scam involving bank management, bank-staff, politicians, auditors. What role did RBI and RCS play?

Decoding Sri Guru Raghavendra Sahakara (SGRSBN) Bank Scam

Harish V. - March 2, 2021 33

Despite RBI conducting a biannual and annual inspection, it has been continuously overlooking egregious activity that is going in the bank for the reasons...

Swamy files a PIL in the Supreme Court, wants CBI inquiry into RBI officials on various Bank boards for sanctioning dubious loans

Subramanian Swamy files petition in Supreme Court seeking CBI probe into the role of...

Team PGurus - February 3, 2021 8

Swamy approached SC seeking probe against the RBI officials BJP leader Subramanian Swamy approached Supreme Court seeking probe against the Reserve Bank of India’s (RBI) officials...

A lavish wedding of the daughter of RA that lasted three days with many brokers, businessmen, and Delhi Power brokers in attendance

Were brokers and defaulters present at RA’s daughter’s wedding in 2014?

Sree Iyer - June 11, 2019 1

Parts 1 to 3 of this series can be accessed here. This is Part 4. As Chairman of the Forward Markets Commission (FMC) Ramesh Abhishek...

The retail portfolio accounts for just 1% of the bank's total NPA while it is 10.91% for the total advances.

Banks to focus on retail advances for business growth

Sudip Bhattacharyya - October 13, 2018 2

With the expected growth of 60% of its total advances, the banks are likely to focus more on retail loans. Former Governor of RBI, Raghuram Rajan...

Investigative agencies are honing in on dubious loans sanctioned by Chanda Kochhar

ICICI Bank head Chanda Kochhar and husband on the radar of probe agencies for...

Team PGurus - March 25, 2018 51

Indian investigation agencies have stumbled upon the Industrial Credit and Investment Corporation of India (ICICI) Bank CEO Chanda Kochhar and her family members’ money trail,...

IBC is good for banking, but more is needed

Ravi Shanker Kapoor - August 4, 2017 0

The Narendra Modi government brought in the IBC last year to expedite debt resolution Insolvency & Bankruptcy Board of India (IBBI) Chairman M.S. Sahoo...