Write Off

During 2021-22, the write-off amount came down to Rs 1,57,096 crore compared to Rs 2,02,781 crore in the previous year.

Credit Score: How important it really is?

Not that you should hurt your credibility and become a bad paymaster and do not care for your score, but in reality, the credit score is only an indicator and not the deciding factor.

PSU banks write off Rs 1.54 lakh crore bad loans

Public sector banks (PSBs) have written off Rs 1.54 lakh crore of bad loans between April 2013 and June 2016, Parliament was informed today.

PSU banks write off 38 accounts worth Rs 8,033 cr

Public sector banks have written off 38 accounts of Rs 100 crore and above amounting to about Rs 8,000 crore during the nine months of the current fiscal.

Poor rains, low acreage to weigh on cotton seed vol: Kaveri

C Mithun Chand, Wholetime Director, Kaveri Seeds in an interview to CNBC-TV18 said the main reason for lowering guidance for cotton seeds was poor monsoons, lower cotton acreages, subdues crop prices and lower sales.

USL Q4: Shady deals cause for Rs 979 cr bad loan provision?

In all, the company has made provisions of Rs 4321 crore, much of it towards diminution in value of investment and impairment loss on goodwill

SKS has factored in worst; only upward risk left

Santosh Singh of Espirito Santo goes bullish on SKS Microfinance with a target price of Rs 370 based on FY13 book value. This is after factoring in the write-off of the Andhra book.