The Pradhan Mantri MUDRA Yojana has been a popular scheme of the Narendra Modi government. Even as total non-performing assets (NPAs) of Indian banks were at 9.49 trillion as of March, only 2.68% of.
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In a presentation, Patel highlighted how the bad loans figure in India. where he had clashed with the government, highlighting how the RBI did not have full power over PSBs. Blaming banks for not.
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Amid efforts to clean up the banking industry in India, a government panel has floated the idea of creating an asset management company (AMC) that would focus on resolving bad loans that are over $73.
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"It is expected that the revised prudential framework for resolution of stressed assets will sustain the improvements in credit culture that have been ushered in by the efforts of the Government and .
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