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Finance ministry data

RBI tightening Small Borrowers’ ability to repay Loans

RBI tightening Small Borrowers’ ability to repay Loans
According to recent finance ministry data that captures the performance of public sector banks, instances of home loan defaults contributing to gross non-performing assets (NPAs) was the highest in the category of loans up to Rs 2 lakh. The figure stood at six per cent in 2010-11, slightly lower than 6.4 per cent in 2009-10. [...] Continue Reading »



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