Indian private banks say they expect increases in defaults on small and personal loans due to slower economic growth to ...
India's central bank on Thursday barred Mumbai-based New India Co-operative Bank from issuing new loans or allowing the withdrawal of deposits due to supervisory concerns.
Mukesh Ambani-led Reliance Industries Limited (RIL) is the most valuable company in India, and some of the largest banks in the world ... loan facility has been divided among 11 lenders, with ...
The Reserve Bank of India also does not expect a dramatic climb for the sector's bad loan ratio, predicting it will rise to 3% by March 2026 from a 12-year low of 2.6% in September 2024.
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