MSME loans shrink 88% in flagship govt scheme
Bank lending to first-time micro-entrepreneurs under PMEGP drops sharply due to rising NPAs, US tariffs, and tighter credit norms. Only 12,707 projects supported this fiscal year.
Category : Search result: NPAs
IREDA Q2 Profit Soars 54%, Bad Loans Decline
Indian Renewable Energy Development Agency reports stellar Q2 performance with 54% profit surge and significant reduction in bad loans, signaling strong growth in renewable energy financing.
IndusInd Bank Q2 Loss: ₹445 Crore Hit
IndusInd Bank reports unexpected net loss of ₹445 crore in Q2 FY25 due to massive provisions. NII drops 17.5% YoY while asset quality shows mixed signals. Full analysis inside.
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