By SHAHROZ AFRIDI
This loss is compensated by making a hike in electricity tariff where honest consumers bear the brunt.
The NPA of Bank of Baroda (BoB) rose from Rs 11,876 crore at March-end 2014 to Rs 73,140 crore at December-end 2019, the RTI reply showed.
Mumbai: In a bid to aid urban cooperative banks (UCBs) recover the over Rs 10,000 crore in bad debt, the Maharashtra government has liber...Read More
By FPJ News Service
Kanpur: Just when the Nirav Modi jigsaw is falling in place, the parent company of Rotomac Pens has been accused of inflicting a ‘bad deb...Read More
By FPJ Bureau
The banking sector in India continues to witness a surge in bad loans, albeit at a slower pace as compared to last two quarters.
Pulled down by heavy provisions for bad assets, state-run Bank of Baroda reported a loss of Rs 3,230.14 crore for the March quarter, the ...Read More
New Delhi : A whopping Rs 1.14 lakh crore of bad loans have been written off by 27 public sector banks (PSBs) during FY 2012-15, with th...Read More
New Delhi: Growth in Indian banking system, which has been under pressure in recent years, will be more resilient, Moody’s Investors Serv...Read More