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PSBs transfer Rs 11k-cr bad loans to NARCL

National Asset Reconstruction Company Ltd (NARCL), a bad bank, buys NPAs from lenders

GST evasion of Rs 345 cr detected

Banks write off `10.57trn in 5 yrs

Jan Dhan Yojana revolutionised financial inclusion in India, more than...

Banks write off Rs 14.56 lakh crore NPAs in last nine financial years

Economy

FM Sitharaman reaches Parliament to attend Union Cabinet meeting

Ahead of tabling the Union Budget 2023, Union Finance Minister Nirmala Sitharaman along with Minister of States Pankaj Chaudhary and Bhagwat Karad...

Markets

Banks write off Rs. 11.17-trn bad loans in last six years

Borrower-wise list of defaulters over Rs1crore unavailable; Willful defaulters each having outstanding loan of Rs25 lakh and above in PSBs were 12,439...

Eco Buzz

Non-life insurers violate law offering premium discount on 3rd party...

Some general insurers are adopting ‘cut and pay’ system to gain business

Markets

LIC's paid up capital stands at Rs 6,324 cr

The paid up capital of the Life Insurance Corporation of India (LIC) stands at Rs 6,324.99 crore as on December 31, 2021, said Bhagwat Karad, Minister...