Banks can auction homes for home loan defaults. Borrowers facing this can approach the Debt Recovery Tribunal within 45 days of the bank's action. This tribunal can review the bank's measures. If ...
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 ...
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 ...
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