According to figures provided by the Finance Ministry in parliament, bad loans worth Rs. 2.12 trillion were written off by 42 scheduled commercial
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India’s public sector banks (PSBs) reported fraud worth 958 billion rupees ($13.3 billion or Rs 95,760.49 crore) from April to end-September of this
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Standards and Poors (S&P) Global Ratings on Monday cautioned that the Modi Government’s “sustained and intense” pressure on the Reserve Bank of India (RBI)
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