Non-performing assets in the microfinance sector soared to ₹50,000 crore at the end of December, reaching a 13% ratio of gross loans. The sector faced elevated stress from over-lending and deteriorating credit discipline, despite regulatory measures to lower capital allocation requirements for risky assets.
India & EU discuss ways to clinch FTA; HiTech, climate also in focus
European Commission President Ursula von der Leyen and India’s external affairs minister S Jaishankar have discussed advancing the free trade agreement and cooperation in sectors