Tag Archives: bad loans

Indian banks are up for an uphill battle when it comes to recovering money from defaulters in a post-pandemic world. Look no further than the recent recovery of the country’s largest lender, State Bank of India (SBI). SBI recoveries and updates fell 21% year-over-year in the first half of fiscal …

The government will present its plan today to help borrowers ease their EMI burden during the coronavirus crisis, as the high court will hear final arguments in the loan moratorium case. Earlier this month, the Supreme Court had given the government two more weeks “to come up with something concrete” …