Outstanding loans News
The RBI on Tuesday identified 12 accounts each having more than Rs 5,000 crore of outstanding loans and accounting for 25 percent of total NPAs of banks for immediate referral for resolution under the bankruptcy law.
Indian banks' loans rose 9.4 percent in the two weeks to June 24 from a year earlier, while deposits rose 9.7 percent, the Reserve Bank of India`s weekly statistical supplement showed on Friday.
The Supreme Court on Tuesday favoured making public the total amount of outstanding loans given by banks to various individuals and entities and running into lakhs of crores of rupees as per the information provided to it by RBI in a sealed cover.
Indian banks` loans rose 10.2 percent in the two weeks to May 15 from a year earlier, while deposits rose 11.9 percent.
Loading...