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).
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Budget 2023: NPAs declining from FY18 peak
In FY22, scheduled commercial banks recovered ₹92,564 crore via multiple channels such as Lok Adalats, Debt Recovery Tribunals, IBC, and SARFAESI Act.
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On A Weak Charge
A significant drop in lithium prices will lead to reduced costs for electric vehicle manufacturers and lower expenses for producers of green technologies.
It’s Still Heavy Lifting By The Exchequer!
The investment rate, or the proportion of GFCF in GDP, leaped to 32.4% in the December quarter, up from 31.8% in the same quarter the previous year.
What Employers Do To Stay On Top
IT companies and banks feature among largest employers in the country. Here’s the lowdown on what India Inc.’s big boys are doing to keep employees engaged.
Future-Ready Workplaces
India’s Future-ready Workplaces — an annual study by Fortune India and CIEL HR.
Infographics
On A Weak Charge
A significant drop in lithium prices will lead to reduced costs for electric vehicle manufacturers and lower expenses for producers of green technologies.
It’s Still Heavy Lifting By The Exchequer!
The investment rate, or the proportion of GFCF in GDP, leaped to 32.4% in the December quarter, up from 31.8% in the same quarter the previous year.
What Employers Do To Stay On Top
IT companies and banks feature among largest employers in the country. Here’s the lowdown on what India Inc.’s big boys are doing to keep employees engaged.
Future-Ready Workplaces
India’s Future-ready Workplaces — an annual study by Fortune India and CIEL HR.
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