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According to the data from the Reserve Bank of India (RBI), the gross non-performing asset (GNPA) ratio pertaining to MSMEs in the scheduled commercial banks (SCBs) has dropped to 6.1 per cent as of December,2022.SCBs’ GNPA ratio in MSME loans in FY22 stood at 7.6 per cent & 7.3 per cent in FY21. GNPA ratio is the ratio of the total gross NPAs of the total advances made by a lender in a particular period. Among MSMEs, banks’ GNPAs in priority sector credit to micro and small enterprises (MSEs) amounted to Rs 1.17 lakh crore in FY22 in comparison to Rs 1.28 lakh crore in FY21.
Where are the headquarters of payment company PhonePe?
According to National Family and Health Survey which was released by the Union health ministry in November 2021, India now has ______ women for every 10...
The Insurance Regulatory and Development Authority of India (IRDAI) plans to create which initiative to address protection gaps in states?
Which of the followings Indian company is the biggest private airport operator in India?
Under Atma-nirbhar Bharat initiative of the Government, recently BSNL has launched which of the following service?
The International Bank for Reconstruction and Development (IBRD), has successfully priced a 5-year bond in Great British Pound sterling (GBP) set to mat...
Which of the following city received the best city award in Safai Mitra Suraksha Swachh Survekshan 2022 award?
According to the recent meeting of Monetary Policy Committee in February 2023, Repo Rate hiked by how much basis points?
What issue did Vice-President Shri Jagdeep Dhankhar recently (April 29 2024) underline the need for reforming?
The Reserve Bank of India has imposed how much penalty on Axis Bank for failure to comply with Know Your Customer (KYC) regulations after RBI’s Inspec...