India’s Public Sector Banks Clear Rs 4.48 Lakh Crore in Non-Performing Assets Over Four-Year Period, with SBI and PNB Accounting for Largest Share: Report

India’s Public Sector Banks Clear Rs 4.48 Lakh Crore in Non-Performing Assets Over Four-Year Period, with SBI and PNB Accounting for Largest Share: Report

by | Aug 8, 2025 | Bank of Baroda, Canara Bank, Indian Bank, Punjab National Bank, RBI, State Bank of India, Union Bank of India

Public sector banks (PSBs) in India have written off non-performing assets (NPAs) worth over Rs 4.48 lakh crore in the last four financial years, according to a statement by Minister of State for Finance Pankaj Chaudhary in the Rajya Sabha. The State Bank of India,...
India’s Public Sector Banks Clear Rs 4.48 Lakh Crore in Non-Performing Assets Over Four-Year Period, with SBI and PNB Accounting for Largest Share: Report

A $10 increase in crude prices could inflate India’s current account deficit by $15 billion, posing a significant threat to the country’s economy, according to a report by UBI – ANI News

by | Jun 18, 2025 | Union Bank of India

A recent report by the Union Bank of India (UBI) has highlighted the significant risk posed by the surge in crude prices to India’s current account deficit (CAD). According to the report, every $10 rise in oil prices widens the CAD by $15 billion. This is a...