The surge in unsecured lending, fuelled by the rise of instant loan apps, has created a debt trap for many borrowers, leading to a corresponding increase in NPAs for banks. #NPA #banking Read more »
RBI's LCR circular has ignited concerns among banks, particularly the tech savvy ones reliant on internet and mobile banking. #bank #banking Read more »
Industry veterans at the helm of SROs are expected to navigate India's financial market complexities and ensure swifter regulation and best practices sharing. #SROs #banking #RBI Read more »
Banks have written off Rs 2.09 lakh crore in bad loans in 2022-23; bankers say NPA write offs, compromise settlements no solution. #NPA #badloans #RBI #banking Read more »