Indian banks have written off a staggering ₹16.35 lakh crore in bad loans over the last ten financial years, according to latest government data presented in Parliament. The Finance Ministry’s data ...

Banks have written off bad loans worth around Rs 16.35 lakh crore over the past decade, with the highest write-off of Rs 2.36 lakh crore in ... adding aggregate outstanding in these accounts were Rs ...

It is hard to exaggerate the shock that has been administered to Europe over the past month. First, there was Vice President JD Vance’s provocative speech at the Munich Security Conference ...

Harvard economist Roland Fryer explains how businesses taking a 'Merit, Excellence, and Intelligence' approach to hiring are outperforming those taking a mandatory 'Diversity, Equity and Inclusion ...

Luiz Alvarez / Getty Images Among tax write-offs, deductions, and credits, you have a few different ways to ease the financial burden of paying your taxes. With these tax advantages, you can lower ...

Actor Michael Sheen has bought £1 million ($1.3 million) of his neighbors’ debts and written them off using £100,000 ($129,000) of his own money. Sheen, best known for his roles in “The ...

The Asset Quality Review of 2015 by the Reserve Bank of India (RBI) has served its purpose and the "era of loan write-offs’ is over, said State Bank of India’s chairman this week. Since Financial Year ...