India's central bank has appealed to the country's top court to let banks classify loans as nonperforming, saying a ban imposed to help borrowers in the COVID-19 pandemic could greatly harm the nation ...

Infrastructure development is critical to economic growth, serving as the backbone of trade, industry, and overall societal progress. In India, the financing of infrastructure projects has been a ...

The Non-performing Asset (NPA) rate against outstanding amount under Pradhan Mantri Mudra Yojana (PMMY) for Scheduled Commercial Banks has risen from 5.47 per cent at the end of March 2018 to 9.81 per ...

When business evaporated at Gajendra Sharma's eyeglass shop a couple of miles from the Taj Mahal during India's strict COVID-19 lockdown, he was relieved to hear about a pandemic debt moratorium that ...