000-tobecategorised

RBI red flags NBFC consumer credit, calls for close monitoring of a few https://www.business-standard.com/finance/news/rbi-red-flags-nbfc-consumer-credit-calls-for-close-monitoring-of-a-few-124062701063_1.html 

concerns

First, delinquency levels among borrowers with retail loans below Rs 50,000 remain high,  particularly ~ NBFC-fintech lenders,

Second, vintage delinquency, which is a measure of slippage, remains relatively high in personal loans at 8.2 per cent.

The third aspect,more than half of the borrowers in this segment have three live loans at the time of origination and more than one-third of the borrowers have availed more than three loans in the last six months.

From https://heyzine.com/flip-book/c07b6b0fe3.html  Share of Scheduled Commercial Banks has jumped from 47.5% In Dec 2018 to 55.1% in Mar 2024, Failure of any NBFC could produce shock waves for the banking secot.

https://thewire.in/government/delhi-airport-gmr-group-terminal-one-bjp Firm Managing Delhi Airport Among Top Donors to an Electoral Trust Which Gave Lion's Share to BJP  28/Jun/2024 The Wire Staff  According to an April 2024 Reuters report which reviewed public records, this March, Prudent had raised $272 million since its creation in 2013, “funnelling roughly 75% of that to prime minister Narendra Modi’s ruling BJP”... Four companies whose transactions were identified by Reuters were ArcelorMittal Nippon Steel, Bharti Airtel, Essar and GMR. It underlined that these companies “have not given money to the party directly and do not appear on its donors’ list.”..

Prudent features as BJP’s biggest donor according to Association for Democratic Reforms’ (ADR’s) year-by-year analysis of electoral trusts. In ADR’s report on electoral trust for 2018-19, Prudent is mentioned as the only trust which declared to the Election Commission its contributions since the financial year 2013-14. That report said that GMR Hyderabad International Airport Limited made the largest contribution – Rs 25 crore – out of all corporate and individual donors to electoral trusts in 2018-19.

Ministry of Statistics & Programme Implementation https://x.com/GoIStats/status/1807084205001593182 
@GoIStats
MoSPI has launched 'eSankhyiki portal' ( https://esankhyiki.mospi.gov.in  ) - a user centric data portal on 29th June 2024 for easing access to official statistical data and enabling use and reuse of data as information by various stakeholders.