Budget 2023: NPAs declining from FY18 peak
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Non performing assets have shown a declining trend over the past 4 years, especially since the peak of ₹10.36 lakh crore in FY18. In FY22, scheduled commercial banks recovered ₹92,564 crore via multiple channels – Lok Adalats, Debt Recovery Tribunals, Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, and Insolvency and Bankruptcy Code (IBC).
September 2025
2025 is shaping up to be the year of electric car sales. In a first, India’s electric vehicles (EV) industry crossed the sales milestone of 100,000 units in FY25, fuelled by a slew of launches by major players, including Tata Motors, M&M, Ashok Leyland, JSW MG Motor, Hyundai, BMW, and Mercedes-Benz. The issue also looks at the challenges ahead for Tata Sons chairman N. Chandrasekaran in his third term, and India’s possible responses to U.S. president Donald Trump’s 50% tariff on Indian goods. Read these compelling stories in the latest issue of Fortune India.
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