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

Team PGurus - 0
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...
CBI registered case against GTL Infrastructure Ltd, others in connection with fraud of Rs 4,063 cr involving a consortium of 19 banks and financial institutions
Banking

CBI books GTL Infrastructure Ltd for massive bank fraud worth Rs.4,063...

PGurus Newsdesk - 0
CBI registers case against bank officers, GTL Infra in loan fraud case The Central Bureau of Investigation (CBI) has registered a case against Mumbai-based GTL...
GNPA ratio of banks steadily trending down to a seven-year low of 5% in September 2022, while net NNPA have dropped to a ten-year low of 1.3% of total loans
Banking

Reserve Bank’s resolute efforts resulted in material decline in NPAs of...

PGurus Newsdesk - 2
RBI tells SC there has been material decline in NPAs due to its efforts The Reserve Bank of India (RBI) has told the Supreme Court...

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