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16May 2024

IIFCL TARGETS ZERO NET NPAS AND 18% GROWTH IN FY25

Why in the news? India Infrastructure Finance Company Ltd (IIFCL) aims for 18% growth in FY25. Targets to achieve zero net non-performing assets (NPAs) within the current financial year. source:freshersnow About Non-Performing Asset (NPA): Definition: A loan overdue for 90+ days, affecting various loan types. Impact: Reduces bank income, profitability, lending capacity, and increases loan …

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10May 2024

FINANCIAL MARKET IN INDIA

Financial System The concept of a financial system is integral to understanding how economies operate. It encompasses a broad array of components including instructions, actors, procedures, markets, transactions, claims, and liabilities that interact in complex ways to facilitate the flow of financial resources throughout an economy. The essence of finance itself involves the study of …

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