Agricultural loans in India are currently facing significant asset-quality risks, with bad-loan ratios surpassing other sectors. The gross non-performing asset ratio for agricultural loans is at 5.1%, compared to 1.5% for industry and services. Factors such as a poor monsoon have contributed to this situation, although agricultural bad loans have declined since 2020-21. Various banks have reported increased agricultural loan slippages but maintain a cautious outlook on borrower stress.
Oil falls on open as Trump says fresh Iran attacks ‘unlikely’
Oil prices fell at Monday’s open after US President Donald Trump said he was highly unlikely to order fresh attacks on Iran as long as