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A file photo of Rural Development Minister Giriraj Singh | Photo Credit: PTI At a time when the gross Non-Performing Assets (NPAs) of the public sector banks is at 5%, the corresponding figure for the loans taken by women Self-Help Groups (SHGs) is 1.6%, coming down from 9.58% in 2014. This significant cut in NPAs…
Read More “Women business correspondents help cut NPAs of self-help groups” »
Between 2016 and 2019, the NPA ratio remained high. It began to decline later and continued to do so even during the pandemic. Just four years ago, Indian banks’ non-performing assets (NPA) ratio was the worst among most emerging economies. NPAs are bad loans which the borrower is not in a position to repay at…
Read More “Data | Bad loans at a record low, but write-offs still in the mix” »
