Bad debt refers to loans or credit that are unlikely to be repaid. It poses a risk to lenders. Businesses often write off bad debts as losses. This impacts their financial health. In India, bad debt can affect banks and the economy. It may lead to stricter lending practices. Understanding bad debt is crucial for financial stability.
India's Finance Minister, Nirmala Sitharaman, recently announced a transformative decision to allow both listed and unlisted domestic companies to directly list their equity shares on the International Financial...
When one company purchases a majority stake in the acquired. Annual General Meeting (AGM) A mandatory yearly meeting of shareholders that allows stakeholders to stay informed and involved...
The Reserve Bank established BRBNMPL in February 1995 as a wholly-owned subsidiary to augment the production of bank notes in India and to enable bridging of the gap...
Cautioning that the rising trend of non-performing assets (NPAs) with banks has 'the potential to damage the growth story', the Finance Standing Committee of Parliament has called for...
Special Window for Funding Stalled Affordable and Middle-Income Housing Projects (SWAMIH) fund is a scheme of the Indian Government. The main purpose of this program is to fund...
The Indian Universities Act of 1904 was a highly contentious and politically charged legislative measure introduced under the viceroyalty of Lord Curzon. It marked a definitive shift in...
In a recent headline-grabbing move, the Supreme Court ruled that co-operative banks, formed under state law or as multi-state co-operative societies, fall under the scope of the Securitisation...
The impact of the 21-day lockdown owing to the COVID-19 crisis has raised concerns among news banks about the accumulation of Non-performing Assets (NPAs). This is in spite...
The Reserve Bank of India recently published the 20th issue of the Financial Stability Report (FSR). This installment of the FSR serves to represent the collective assessment of...
The Lucknow Pact was a landmark agreement signed during the Joint Session of the Indian National Congress (INC) and the All-India Muslim League in December 1916. Occurring amidst...
