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Latest Articles in Bhagwat K Karad
India's Fintech Market To Triple To Rs 6.2 Lakh Cr By 2025: Bhagwat Karad
He said that India is a leader when it comes to adopting financial technology in emerging markets. He also said that India had an 87 per cent adoption rate in March 2020, if we compared it to the global average of 64 per cent
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Nearly 72 % Of Financial Transactions Of PSBs Done Through Digital Channels: MoS Finance
PSBs have recovered an amount of Rs 4.52 lakh crore during the past five financial years from defaulters in NPA and written-off accounts, and have made aggregate recovery of Rs 20,334 crore from wilful defaulters till March 2021
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Banks NPAs Decline To Rs 8.34 Lakh Cr At March-End 2021: Minister
Ability of PSBs to further increase lending is evident through Capital to Risk Weighted Assets Ratio which stood at 14.04 per cent as of March 31, 2021, as against regulatory requirement of 10.875 per cent
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Recovery Of Bad Loans Impacted Due To Pandemic, Says Karad
Recovery as a percentage of gross non-performing assets (NPAs) of SCBs stood at 13.1 per cent in 2017-18, he said adding it rose to 15.1 per cent in 2018-19 and to 15.8 per cent in 2019-20.
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