Data: As per IBBI Data, About 44% of The Closed CIRPs Moved Into Liquidation
The Insolvency and Bankruptcy Code (IBC), enacted on 28 May 2016, was designed to address…
Browsing: Banks
Data: As of 2024, over 75% of Cooperative Banks Made Only Partial Repayments to DICGC in the Case of Claims Settled
India’s Deposit Insurance and Credit Guarantee Corporation (DICGC) is one of the protective mechanisms available…
Data: As Lakhs of NPA Cases Are Referred to Lok Adalats & Other Channels, Amount Recovered Remains Low
As per RBI guidelines, it is mandatory for banks to have a loan recovery policy…
Data: Complaints to Ombudsman About Banking Related ‘Loans & Advances’ More Than Tripled in Five Years
The Annual Report of the Ombudsman Scheme 2023-24 was released recently. Data indicates that banking-related…
Data: While Gross NPAs Reduced Further, Unclaimed Deposits Reached a New High as Per RBI’s Report on Banking for 2023-24
The RBI recently released the Report on Trend and Progress of Banking in India 2023-24…
Data: Ratio of Financial Liabilities to Assets of The Household Sector Crossed 50% in 2022-23
Every year, the RBI publishes a handbook of statistics on the Indian economy. One of…
Data: Credit-Deposit Ratio (CDR) Reaches a High of 80% as RBI Governor Flags Concerns
With bank deposits on the decline, the Reserve Bank of India (RBI) is nudging banks…
Data: Between 2014-15 and 2023-24, PSBs Collected Over ₹15,000 Crores in Penalties for Failing to Maintain Minimum Balances
The Reserve Bank of India (RBI) does not set guidelines for the minimum balance in…
Data: Complaints to Ombudsman about Electronic Banking Increase While Those Related To ATM/Debit Cards Decrease
The Annual Report of the Ombudsman Scheme 2022-23 was released recently. Data indicates that cases…
Data: While Amount Involved in ‘Advances’ Related Banking Frauds Decreases, Those Involved in ‘Card/Internet’ Increases
The Report on ‘Trend and Progress of Banking in India 2022-23’ is an annual performance…
