PSB Agriculture Loan GNPA Increases at Alarming Rate

The recent reports from RBI estimated that GNPA for the PSBs in the agriculture sector has…

Farm Loan Waivers Encouraging Defaults: RBI

RBI stated that farm loan waivers are encouraging defaults. In the past six years, farm loan…

India’s growth forecast cut to 6% by World Bank

India’s growth rate forecast cut down to 6% by World Bank earlier it had predicted India’s…

Fitch Cuts India’s GDP Growth Projection to 5.5% for FY 2019-20

Fitch Ratings Inc, snips India’s GDP growth estimate to 5.5%. However, they assured to rise to…

RBI restricts Role of Agents on Bank Loans

RBI restricted role of agents to carry out their activities on Bank Loans. Concerns on data…

Expect further fall in ‘Gross Value Added’ of Indian Agriculture Sector

Gross Value Added of Agriculture for financial year 2018-19 declined. Share of crops in GVA from…

External Debt set to Rise Further from USD 557.4 Billion

India's external debt increased by USD 14.1 billion to USD 557.4 billion at the end of…

RBI Denies Report “RBI to pay interim Dividend of 30000 crore to Govt”

Speculations that RBI would pay interim dividend of 30000 crore to Government, RBI governor denies and…

Low Credit Growth Severely Affecting Economy

Indian economy is at its weakest level in six years. Majorly due to the low credit…

Gross NPA of Agriculture Sector Crosses 1 Trillion Rupees in PSBs

Share of agriculture sector and allied activities in NPAs has surpassed 1 trillion Rupees in PSBs.…