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Bank balance sheets robust as NPAs fall
December 27, 2024
|The New Indian Express Kochi
RBI report says focus on cleaning up books has led to bad loan ratios dropping to 13-year lows
THE financial position of the banks has stayed robust, marked by the sustained expansion in assets and also liabilities/deposits, while their continuing focus on cleaning up their books has led to the gross bad loan ratios dropping to 13-year lows, a central bank report released on Thursday said.
In the latest report on trends and progress of banking, which shares data up to the September quarter and for the fiscal 2024, and released Thursday, the central bank said, system-wide gross non-performing assets ratio (NPA) of banks slipped to an over-13-year low of 2.5% as of September from 2.7% as of March 2024. Similarly, net bad loans fell to 0.57% of total loans during the period under review from 0.62% as of March 2024, driven by stronger loan-loss buffers.
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The New Indian Express Kochi
Devi Awards celebrates 11 women trailblazers
AFTER a glittering debut in Kolkata in 2019 and equally successful runs in 2022, 2023, and 2024, the Devi Awards were back again this year to felicitate 11 more such dynamic women for their contributions to their profession and for impacting society positively.
1 mins
March 08, 2026
The New Indian Express Kochi
The Republic of Appearances
The farce at the recent AI Expo, where Galgotia University sought to pass off a Chinese robot dog as its own ‘original’ work, could easily be dismissed as an embarrassing aberration, but in fact exposes a national system increasingly built on falsehoods, where projection substitutes for reality.
2 mins
March 08, 2026
The New Indian Express Kochi
Women progress remains uneven in education, workplace
OVER the past three to four decades, India has seen significant progress in several indicators of women’s wellbeing, especially literacy, school enrolment, political participation at the local level, and representation in higher education.
1 mins
March 08, 2026
The New Indian Express Kochi
The Old Man and the Hill
Some books feel like a warm hug—comforting, steady, and quietly restorative.
2 mins
March 08, 2026
The New Indian Express Kochi
Army Major wins victims’ trust in Africa, gets UN award for busting taboos
IN conflict-ridden South Sudan, where women hesitate to approach male soldiers to report sexual violence or discuss sensitive health concerns, an Indian Army officer led a women’s team to change that.
1 min
March 08, 2026
The New Indian Express Kochi
BJP to counter Nitish caste equation with new CM face
THE BJP’s central leadership is likely to introduce a new face for the post of Bihar CM, with an eye on Nitish Kumar’s vote bank, which largely comprises EBCs and women who hold significant influence in the state’s politics.
1 mins
March 08, 2026
The New Indian Express Kochi
3 deaths in Surat textile unit expose safety hazards for migrant workers
A horrific industrial tragedy unfolded on the eve of Holi in the Pandesara industrial belt of Gujarat’s Surat City, when three migrant workers died of suffocation after being sent inside a hazardous chemical tank without safety equipment at a dyeing mill in Pandesara GIDC.
1 min
March 08, 2026
The New Indian Express Kochi
Centre proposes authority to push green nod in states
THE Central government has proposed the creation of a separate body to expedite the green clearance process in states.
1 mins
March 08, 2026
The New Indian Express Kochi
An Infrared Look at Uneven India
The two writers present a sweeping account of how democracy shaped—and complicated —India’s development story after 1947
3 mins
March 08, 2026
The New Indian Express Kochi
THE INDIA IMPACT OF US’ FOREVER WARS
IMISH Seth runs a factory in Nashik producing hard luggage.
3 mins
March 08, 2026
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