Logo

Logo

Business

Banks gross NPA to improve to 4% by next fiscal: CRISIL

The gross non-performing assets (NPA) of the banks are expected to improve 90 basis points on-year to 5 per cent this fiscal year and another 100 basis points to a decadal low of 4 per cent by next fiscal, rating agency CRISIL said in a release.

Ex CAG Rajiv Mehrishi, Sudha Murthy join PM CARES advisory board

Prime Minister Narendra Modi on Tuesday chaired a meeting of the Board of Trustees of the PM CARES Fund, which was also attended by the newly-nominated trustees -- Ratan Tata, chairman emeritus of Tata Sons; retired Justice K.T. Thomas, former Supreme Court judge; and former deputy Speaker of Lok Sabha Kariya Munda.