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Wednesday, November 27, 2019

Bad loans rising under Mudra scheme, RBI warns

The Reserve Bank of India (RBI) has asked banks to monitor loans under the Mudra scheme over concerns of growing levels of non-performing assets (NPAs) in that category. The warning comes a few months after RBI governor Shaktikanta Das, in a meeting with banks, pulled them up for loose monitoring of these loans in the light of rising defaults.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2KY1o4K

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