Axis Bank’s asset quality deteriorated in the first quarter of the current financial year due to the sustained elevation in retail unsecured slippages and a change in the classification metric for non ...

Fearing defaults by exporters in the wake of steep tariffs imposed by the US, banks are likely to seek a temporary respite from the RBI on its stringent asset-classification norm to protect their ...

MSMEs have flagged that despite several government and the Reserve Bank of India initiatives to improve credit availability, access to timely and adequate finance remains a major pain point. MSMEs ...

According to the report, the outstanding dues have crossed the 60-day threshold and are nearing the RBI-defined limit for NPA classification. A potential classification of Rs 1,393 crore in irrigation ...

The new Income Tax Bill intends to resolve the long-standing dispute over the definition of Non-Performing Assets (NPAs). The Select Committee has also called for more clarity on the proposed ...