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Friday, July 18, 2025
Explainer: What Russia could achieve in Ukraine by Trump’s 50-day deadline — Germany to supply Ukraine with long-range missiles very soon — Leaked documents claim Russia’s 41st Army suffered ‘catastrophic’ losses fighting in Ukraine — How Russia modified Iran’s Shahed-136 drones and what it means for Ukraine … and more
https://activitypub.writeworks.uk/2025/07/friday-july-18-2025/
The Modi Govt Used Ordinary Indians' Money to Square the Accounts of Wilful Defaulters, Fraudsters
According to the Reserve Bank of India, banks in India lost Rs 12,50,553 crore during the nine-year Modi government. Never before in Indian history had banks lost such a gigantic amount without a whisper of a scam or any public debate of consequence.
#banks #PublicSectorBanks #BJP #BadLoans #NPAs #NarendraModi #NirmalaSitharaman #NiravModi #MehulChoksi #CronyCapitalism #billionaires #wealth #economy #hindutva #modi #india
According to the Reserve Bank of India, banks in India lost Rs 12,50,553 crore during the nine-year Modi government. Never before in Indian history had banks lost such a gigantic amount without a whisper of a scam or any public debate of consequence.
Banks write off bad loans worth Rs 2.09 lakh crore in 2022-23: RBI
The RBI’s RTI reply to The Indian Express says that loan write-offs by banks rose to Rs 209,144 crore during the fiscal ended March 2023 as against Rs 174,966 crore a year ago in March 2022 and Rs 202,781 crore in March 2021.
#banking #LoanWriteOffs #BadLoans #GNPA #SBI #PNB #UnionBank #BankOfBaroda #CentralBankOfIndia #banks #RBI #economy #RTI #india
The RBI’s RTI reply to The Indian Express says that loan write-offs by banks rose to Rs 209,144 crore during the fiscal ended March 2023 as against Rs 174,966 crore a year ago in March 2022 and Rs 202,781 crore in March 2021.