Retail and SME loans are particularly vulnerable as Covid-19 has hit the income of households and small businesses.
The organisation will ask the borrowers to do the repayment of loans if there are capable to do so.
The stress level among small business borrowers is not very high, says RBI Deputy Governor Mukesh Jain
Non-performing assets of banks have declined by Rs 61,180 crore to Rs 8.34 lakh crore at the end of March 31, 2021
Total income during Q1FY22 jumped to Rs 3,794.53 crore as against Rs 3,264.81 crore in Q1FY21
Investors should moderate their return expectations in the near-term at the back of very strong market performance of the previous 12 months
SBI has asked the interested parties to do the due diligence of these assets with immediate effect, after submitting expressions of interest.
According to the SBI, the directors allegedly falsified accounts and forged documents to siphon off public funds.
Seeking to allay concerns, the RBI further said that the banks have sufficient capital, both at the aggregate and individual levels
Viral Bhatt of Money Mantra shares insights to help our callers understand the difference between a good loan and a bad loan