As of June 30, total stressed assets on the books of Indian banks were at 9768.47 bn rupees down from 10,672.29 bn rupees.
Mutual fund houses witnessed an overall inflow of Rs 1.33 lakh cr last month after witnessing a redemption of Rs 1.52 lakh cr in Sept.
Availing loan without financial planning can have dire consequences on your financial health.
India has still a long way to go with more than 85 per cent payment transactions in the country still taking place in cash.
Airtel, Vodafone Idea and other telecom operators may have to pay the government a whopping Rs 1.42 lakh crore in three months.
Homebuyers can approach banks for loan revival, advised the Governmant.
Homebuyers are advised to reach out to their respective lending institutions to seek necessary guidance.
The real estate sector in India has been hit by a severe liquidity crunch this year after a series of debt defaults by NBFC.
The country’s gender inequality is difficult to tackle, as women in India have a low 27 per cent rate of workforce participation.
Even after assurance from the Centre on the supply issue, many cities have been witnessing sky-rocking prices of the bulb in several mandis.