Finance Debt

BTS finally wins first Grammy nomination

NEW YORK, NY – FEBRUARY 21: Jin, Suga, J-Hope, RM, Jimin, V and Jungkook from K-Pop group BTS are seen … [+] during an interview with the ‘Today’ Show on February 21, 2020 in New York City. (Photo by Jose Perez / Bauer-Griffin / GC Images) GC Images The nominees …

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SBI bad debt collections less than 8% over 8 years

MUMBAI: National Bank of Indiais technical to write of doubtful debts over the past eight years amounted to Rs 1.23 lakh crore, while the recovery of bad debts during the same period was less than Rs 9000 crore. The country’s largest bank shared data on its technical depreciation and recoveries …

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Deutsche Bank thinks Trump is “collateral damage”

Infamous multinational money lender Deutsche Bank finally breaks ties with US President Donald trump. At least they would like to do it as soon as possible after Tuesday’s election. The relationship between the German credit house and the repeatedly failed construction tycoon is long and in fact somewhat tortuous – …

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Structural interventions could prevent a banking crisis

After the world’s most severe lockdown and the sharpest decline in economic growth among emerging markets, India’s financial fragility is expected to increase. The share of non-productive assets (NPAs) in its banking system could reach 18% of outstanding debt, double the level experienced by countries affected by the 2008 financial …

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