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Big Increase In Stressed Assets Not Foreseen: CRISIL

The current portfolio of Rs. 11.5 lac crore under Stressed Assets  may not see much increase, according to CRISIL.  This is attributed to the reason that there is considerable recovery in the credit quality of corporates.  Reasons attributed are: Benefits from Commodity prices Lower interest rates and Improved capital structures and also Efficiency gains. Thus,

Big Increase In Stressed Assets Not Foreseen: CRISIL

The current portfolio of Rs. 11.5 lac crore under Stressed Assets  may not see much increase, according to CRISIL.  This is attributed to the reason that there is considerable recovery in the credit quality of corporates.  Reasons attributed are: Benefits from Commodity prices Lower interest rates and Improved capital structures and also Efficiency gains. Thus,

BharatFin IndusInd Bank Merger

Formerly known as SKS Microfinance Ltd., and now named BHARAT FINANCIAL INCLUSION LTD., (BFIL), announced that it had entered into an agreement for a potential merger with IndusInd Bank Ltd.,  BFIL is already workings as a business correspondent for IndusInd Bank. Both the parties confirmed the news which is being speculated since several months, since

BharatFin IndusInd Bank Merger

Formerly known as SKS Microfinance Ltd., and now named BHARAT FINANCIAL INCLUSION LTD., (BFIL), announced that it had entered into an agreement for a potential merger with IndusInd Bank Ltd.,  BFIL is already workings as a business correspondent for IndusInd Bank. Both the parties confirmed the news which is being speculated since several months, since

DAUNTING NPAs OF PSBs

Double bonanza for Public Sector Banks?  What is it?  Yes from negative side. On one side the advances fall terribly and on the other daunting Capital Adequacy of banks…. Alas In a period of two decades, PSBs saw their Advances falling by Rs. 1.35 lakh crore in the FY 17. The fresh loan portfolio had

DAUNTING NPAs OF PSBs

Double bonanza for Public Sector Banks?  What is it?  Yes from negative side. On one side the advances fall terribly and on the other daunting Capital Adequacy of banks…. Alas In a period of two decades, PSBs saw their Advances falling by Rs. 1.35 lakh crore in the FY 17. The fresh loan portfolio had

Black Money Unearthed Under Pmgky

Pradhan Mantri Garib Kalyan Yojna (PMGKY) brought out the hidden black money under the Declaration Window announced after demonetization, as per the Government information.  The report further adds that: The scheme was announced by the Government last year, which enabled converting black money in to white, by paying a tax penalty of 50 per cent

Black Money Unearthed Under Pmgky

Pradhan Mantri Garib Kalyan Yojna (PMGKY) brought out the hidden black money under the Declaration Window announced after demonetization, as per the Government information.  The report further adds that: The scheme was announced by the Government last year, which enabled converting black money in to white, by paying a tax penalty of 50 per cent