Bank loans to industries get momentum after 21 months
Top bankers expect the momentum to continue, with an increase in demand and the government placing its thrust on infrastructure spending and capacity expansion.
Housing financiers' bad loans jump by 70 bps following new asset quality norms: ReportThe Reserve Bank of India (RBI) had on November 12, 2021, introduced tighter asset quality reporting norms for all lenders, which brought in housing financiers and non-banking financial companies (NBFCs) on par with commercial banks.
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