Banks face 7-year debt recovery backlog; Government plans capacity boost
More than 200,000 cases are pending in Debt Recovery Tribunals (DRTs), which currently manage only 30,000 to 40,000 cases each year
More than 200,000 cases are pending in Debt Recovery Tribunals (DRTs), which currently manage only 30,000 to 40,000 cases each year
Regulator gives phone companies six months to identify and block calls that falsely display a UK numberBusiness live – latest updatesMillions more scam calls from abroad that use spoofed UK
State-owned Indian Bank on Monday posted a 41 per cent jump in its net profit to Rs 2,403 crore for the June 2024 quarter due to a decline in bad
Amid the cost of living crisis, and the high price of attractions, many children are stuck indoors. But there are affordable, but no less exciting, tripsWhile it is 67 years
India aims to become a USD 30 trillion economy with a per capita income of USD 18,000 by 2047, according to NITI Aayog’s “Vision for Viksit Bharat @ 2047: An
ESAF Small Finance Bank on Friday reported 52 per cent decline in June quarter net profit at Rs 63 crore due to increase in bad loans. The Kerala-based lender had
Manoj Mittal has taken charge as Chairman and Managing Director of Small Industries Development Bank of India (SIDBI), following his appointment by the Centre. Prior to this, he was the
The asset quality of the lender remained stable, with its gross non-performing assets (NPAs) ratio at 2.15% at the end of Q1FY25 compared to 2.16% in Q4FY24, and net NPA
PNB Q1FY25 results: Gross Non-Performing Asset (GNPA) ratio of the bank improved by 275 basis points (bps) on a Y-o-Y basis to 4.98 per cent as on June 24 from
IDFC First Bank on Saturday reported an 11 per cent decline in net profit at Rs 680 crore in the April-June quarter. The bank had posted a net profit of
Tips and tricks for getting the best deals when renewing home insurance and car coverWatchdog urged to clamp down on ‘abysmal’ claims handlingHouseholds facing 100% increases to their car insurance
Carer’s allowance ‘cliff edge’ means it has to be paid back if a penny is earned over threshold. Carers tell their storiesA report by Carers UK has found teachers, NHS
The long-running series in which readers answer other readers’ questions on subjects ranging from trivial flights of fancy to profound scientific and philosophical conceptsWhy do Visa, Mastercard and so on
This week’s Bank meeting is unlikely to bring borrowers any joy amid a strong recovery from 2023’s mild recessionSavers are always on the lookout for the best interest rates and
Alongside prosperity in Holborn and St Pancras are thousands of households for whom lifting the two-child benefit cap could mean an end to hunger• The two-child benefit cap: what is