Few days back the budget of Rajasthan state was presented with a tax revenue figure of Rs 47096.05 crore. Compare this with the amount that top 10 borrowers have taken loans from public sector bank
“The top 30 defaulters are sitting on bad loans of Rs. 95,122 crore, which is more than one-third of the entire NPAs of public sector banks.” That is the tailpiece in an article in the
CPI (M) general secretary Sitaram Yechury said top ten corporate houses alone owe a staggering amount of Rs 7 lakh crore to banks and financial institutions. Yechury, who had writte
India`s new framework aimed at speeding up non-performing loan (NPL) resolution is likely to push up banks` credit costs and undermine earnings in the near-term, reinforcing Fitch Ratings` negative
