Private banks in FY23 accounted for 74% of amounts written off due to fraud
The target was for banks to sell Rs 2 trillion worth of non-performing assets (NPAs) to NARCL by 2021-22. Only 10 per cent of this has been executed
No consensus yet on issues like bringing 'climate resilient' feature in debt
Strikers demands include scrapping of labour codes, no privatisation of any form, scrapping of National Monetisation Pipeline
It can be noted that banking regulator Reserve Bank of India (RBI) has been flagging concerns on retail loans being the panacea for banks, which are saddled with reverses on the corporate lending side