Monday, January 13, 2025

BANKING

Farm loan waiver dues from state governments are hindering banks from providing more credit to priority sectors like agriculture. This issue arises due to fiscal irresponsibility and delayed reimbursements straining bank operations. The Telangana government owes ₹20,865 crore for loan waivers, causing liquidity issues and a rise in non-performing assets. This affects long-term financial stability.

from Banking/Finance-Industry-Economic Times https://ift.tt/zjNEvoX
via IFTTT

No comments:

Post a Comment