The finance minister said that India's household debt-to-GDP ratio was far lower compared to its peer group and some advanced economies ...

Banks have written off Rs 16.35 lakh crore in NPAs over the past decade, with the highest in FY 2018-19 at Rs 2,36,265 crore ...

Insolvency related matters account for lion’s share of backlog of NCLT cases with number of pending cases at 12,351 as of ...

In her written response in the Lok Sabha, Finance Minister Nirmala Sitharaman clarified that writing off bad loans does not ...

According to the official notification, issued by the Ministry of Corporate Affairs (MCA ... In July 2024, Finance Minister Nirmala Sitharaman had said that appropriate changes to the IBC ...

Banks have written off bad loans worth around Rs 16.35 lakh crore over the past decade, with the highest write-off of Rs 2.36 ...

Finance Minister Nirmala Sitharaman said in a reply in the Lok Sabha. Such write-offs do not result in waiver of liabilities ...

Finance Minister Nirmala Sitharaman said in a reply in the Lok Sabha. Such write-offs do not result in waiver of liabilities ...

The highest amount of Rs 2,36,265 crore was written off during FY2018-19 while during 2023-24, banks wrote off bad loans of ...

Indian banks wrote off Rs 16.35 lakh crore in bad loans over the past 10 years, with the highest amount written off in FY19.