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Total balance in Jan Dhan accounts goes down by ₹2,787 crore in April


Total balance in Jan Dhan accounts goes down by ₹2,787 crore in April
May 10, 2021
Rural spread of Covid, loss of earnings driving withdrawals
For the first time in the last eight months, total balance in Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts has come down significantly in April.
As per latest government data, total balance in Jan Dhan accounts decreased to ₹1,43,297 crore as on April 28, 2021 as against ₹1,46,084 crore in the beginning of the month, a drop of ₹2,787 crore.
An analysis of total balance trajectory shows that generally the increase per month ranges from ₹1,000 crore to ₹1,500 crore.
During March, there was an addition of ₹5,882 crore in the accounts opened under the Centre’s flagship financial inclusion scheme which was attributed to the ‘push’ given by the elections in five States. ....

Jan Dhan , Prasanna Tantri , Indian School Of Business , Pradhan Mantri Jan Dhan Yojana , State Bank , Executive Director , Analytical Finance , Indian School , ஜான் தன் , பிரசன்னா தந்திரம் , இந்தியன் பள்ளி ஆஃப் வணிக , ப்ர்யாட்ஹந் மந்திரி ஜான் தன் யோஜனா , நிலை வங்கி , நிர்வாகி இயக்குனர் , பகுப்பாய்வு நிதி , இந்தியன் பள்ளி ,

An evergreening exercise that has gone unnoticed for too long


An evergreening exercise that has gone unnoticed for too long
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Prasanna Tantri
Regulators must turn their attention to the indirect evergreening of loans before these swell to levels that threaten stability
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With the recent union budget proposing a bad bank to clean up bank NPAs, the issue of evergreening by banks has come to the fore. The evergreening of loans is a well-known exercise, in which banks revive a loan on the verge of default by granting further loans to the same firm. The consequences of evergreening are well known: a reduction in reported defaults in the short run, followed by an eventual explosion in default rates. The pattern has manifested in all major economies, including the US, the European Union, Japan and India. In most cases, the process of evergreening is direct: a troubled bank lends to a troubled borrower, and therefore, is detectable with some effort. In a recent paper, Nishant Kashyap, Sriniwas Ma ....

New Delhi , Disha Ravi , Uddhav Thackeray , Randeep Guleria , Prasanna Tantri , Indian School Of Business , Reserve Bank , Yes Bank , Juhu Beach , Indian School , Join Mint , Union Budget , Bad Bank , Bad Loans , Evergreen Loans , Corporate Loans , Asset Quality Review , புதியது டெல்ஹி , திஷா ரவி , உத்தவ் தாக்கரே , ரந்தீப் குலேரியா , பிரசன்னா தந்திரம் , இந்தியன் பள்ளி ஆஃப் வணிக , இருப்பு வங்கி , ஆம் வங்கி , ஜுஹு கடற்கரை ,

How big is India's debt and should it be a worry?


Why should I worry about government debt?
“Why would anyone investing in stock markets fear to invest money in a company which is debt ridden? Simply for the fact, when the next crisis comes that company might be wiped out… Similarly for countries, for international investors the debt is going to show up in the sovereign credit ratings,” said Javadekar.
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BI India
“It’s the government who holds the printing machine. In the US, they have printed 40% of their initial money stock. A lot of countries, like Argentina, who have domestic debt go down the inflation route. And, that’s another reason we should worry about debt,” explained Shekhar Tomar, an assistant professor of Economics and Public Policy at ISB. ....

Nirmala Sitharaman , Shashwat Alok , Shekhar Tomar , Apoorva Javadekar , Prasanna Tantri , Centre For Analytical , Indian School Of Business , National Sources , Indian School , Public Policy , Finance Minister Nirmala Sitharaman , Analytical Finance , ஷாஷ்வத் அலோக் , சேகர் தோமர் , பிரசன்னா தந்திரம் , மையம் க்கு பகுப்பாய்வு , இந்தியன் பள்ளி ஆஃப் வணிக , தேசிய ஆதாரங்கள் , இந்தியன் பள்ளி , பொது பாலிஸீ , பகுப்பாய்வு நிதி ,