30Jun 2025

Special Teams to Tackle High-Value PSB Defaults

SPECIAL TEAMS TO TACKLE HIGH-VALUE DEFAULTED LOANS OF PSBs Why in the News? Government push: The Ministry of Finance has asked Public Sector Banks (PSBs) to set up special teams for high-value defaulted loan recovery (₹100 crore+). Resolution focus: Banks must reidentify top 10 stressed assets for priority resolution under CEO-level supervision. Performance backdrop: PSBs’ …

09May 2024

UGI USER
banking reforms Banking System India digital banking Finance Financial Inclusion Indian Economy NBFCs Private Banks public sector banks RBI
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THE BANKING SYSTEM IN INDIA

History and Evolution of Banking in India Banking in India has evolved significantly over the years, reflecting the country’s broader economic, social, and political transformations. From its nascent stages in the 18th century to its current status as the backbone of the economy, Indian banking has undergone three distinct phases. Each phase has been marked …

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Special Teams to Tackle High-Value PSB Defaults

THE BANKING SYSTEM IN INDIA

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