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Banking: Credit growth and gross NPA of banks will be low in the current financial year, ICRA gave this reason

Banking: Credit growth and gross NPA of banks will be low in the current financial year, ICRA gave this reason

What is the meaning of gross npa of a bank What is the direct meaning of NPA in banking Non Performing Asset, that is, a customer taking a loan where the bank’s money is stuck. Gross NPA of the bank (Gross NPA) means those loans or part of the loans of the bank which are … Read more

Increase in interest rate increases the risk on loans given to small industries, problems may increase in loan repayment

Increase in interest rate increases the risk on loans given to small industries, problems may increase in loan repayment

[ad_1] New Delhi : Due to the continuous increase in the interest rates (repo rate) by the Reserve Bank of India (RBI), the risk on the loan given to the small industry has increased. This risk is amplified on loans that have been given against property. In a report released on Tuesday by the rating … Read more