Loans against fixed deposit grow the fastest
Loan against FD (Fixed Deposit) is a type of secured loan where customers can pledge their fixed deposit as security and get a loan in return. The amount of the loan depends on the FD deposit amount. This can go up to 90% – 95% of the deposit amount.
Indian banks’ bad loans drop to 4.4% of total assets, says RBI Governor
The gross non-performing assets ratio of banks have fallen to 4.41% at end-2022, RBI Governor Shaktikanta Das said
Go First’s sorry tale of submissions to NCLT: All financial resources exhausted, 7,000 jobs at risk, Rs 208 crore to pay staff
Go First owes its creditors Rs 11,463 crore, which includes debts to banks, financial institutions, vendors, and lessors of aircraft. According to Go First’s NCLT petition, the company’s assets are now insufficient to cover its liabilities.
NCLT reserves order on Go First’s plea for interim moratorium
Crisis-hit Go First had sought various interim directions from the National Company Law Tribunal
