Public sector banks could recover only 14 per cent of the written-off loans worth Rs 7.34 lakh crore in the last five years ending March 2022, Parliament was informed on Tuesday. Of Rs 7.34 lakh crore written-off loans, state-owned lenders recovered Rs 1.03 lakh crore, Finance Minister Nirmala Sitha

The US dollar has fallen for the second consecutive day against a basket of other currencies, as concerns over global banking disorder eased. Some solace was taken from North Carolina's First Citizens BancShares proposal to buy all deposits and loans from failed lender Silicon Valley Bank, suggestin