Unews World

MUMBAI: The loans sanctioned by non-bank finance companies in the second qurater of FY25 shrunk both sequentially and year-on-year. While the quarterly decline was largely driven by a sharp fall in gold loans, loans against shares and unsecured business loans, the annual drop was because of a decline in term loans and loans against shares.Overall, industry-wide sanctions in Q2 FY25 …

MUMBAI: Indian banks‘ gross non-performing assets remained at a 12-year low of 2.6% of total assets as of September 2024. However, RBI’s stress test projects the figure could rise to 3% by March 2026 under the baseline scenario. It has also expressed concern that a sharp rise in write-offs, particularly among private sector banks, could signal worsening asset quality.The stress …

Washington Commanders safety Jeremy Reaves celebrated his team’s win against the Atlanta Falcons on Sunday by dropping to one knee and asking his longtime girlfriend a very important question. Video circulating on social media shows Reaves on one knee at Northwest Stadium, asking an emotional Mikaela Worley to marry him. The couple then embrace and Reaves slips the ring on …