While the numbers from an analysis by a credit information bureau Crif Highmark, is for the June quarter, when banks didn't report much stress, in the second quarter nearly all issuers, led by Kotak Mahindra Bank, IndusInd Bank, RBL Bank and Axis Bank, among others, had reported higher delinquencies.
The average balance per card also rose to â¹32,233 by June 2024 from â¹28,919 in June 2023, the report said, indicating the rising indebtedness of cardholders.
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Mandhana climbs another mountain as India beat West Indies
THERE is a famous bridge that connects the city of Sangli with the rest of the world on the river Krishna called Irwin Bridge.
KNOW LINEAR AND LATERAL THINKING
As a result of geopolitical tensions, scheduled general elections in India during the mid-year and in the USA towards the end of the year as well as valuations that had sky-rocketed, volatility during 2024 was anticipated by many of us.
Banks' profits spike in first 9 mths of 2024
BANKS have raked in as much as â¹2.7 lakh crore in net income in the first nine months of 2024. Going by all indications, public sector lenders are set to overtake their private sector peers in the profitability sweepstake this year.
Germany received tipoffs about attacker last year
GERMAN authorities said they received tipoffs last year about the suspect in a car attack at a Christmas market in Magdeburg as more details emerged on Sunday about the five people killed.
38 dead, 100 missing as crowded ferry capsizes in Congo
A ferry overloaded with people returning home for Christmas capsized on the Busira River in northeastern Congo, leaving 38 people confirmed dead and over 100 others missing, officials and eyewitnesses said on Saturday.
2 held for â¹33cr transaction fraud in U'khand
TWO people were arrested for their alleged involvement in transaction fraud after a staggering Rs 33 crore was transacted within just two days in Rudrapur, located in the Udham Singh Nagar district.
Govt efforts, community role behind expanded green cover in Chhattisgarh
RESOLUTE efforts and aggressive result-driven approach on biodiversity protection and environmental-forest conservation evidently led to the remarkable increase in forest and tree cover in Chhattisgarh, as per the findings of the India State of Forest Report 2023.
500 enemy properties encroached in Bengal: MHA
THE Ministry of Home Affairs (MHA) data has revealed that out of the total 4,376 enemy properties in West Bengal, over 500 of them are encroached by illegal occupants and the authorities initiated eviction proceedings only in cases of 49 such assets so far.
India, Kuwait bolster defence ties
During PM Modi's visit, MoUs signed to boost trade, sports and cultural cooperation
No data on aid given to families of docs who died during Covid, shows RTI reply
THE Centre has refused to share data on compensation given this year to the number of families of doctors, who succumbed to Covid-19 during the first and second waves, according to an RTI reply.
