Representatives from agriculture, education, health, MSME, energy, infrastructure sectors were the participants
In India, shift to private credit, Nishu said, started before the Covid era, driven by regulatory reforms including the Insolvency and Bankruptcy code, Real Estate Regulatory Authority (RERA) Act etc.
State-owned lenders will hold meetings with Non-Banking Financing Companies--or shadow banks--and new retail customers in 200 districts till September 29 to explore giving credit
NPAs, in fact, fell from 9.2 % in Q3FY17, the period when demonetisation was announced