Reduction in NPAs for PSBs due to write-offs at Rs 1,31,894 crore in FY21: RTI
NEW DELHI: Reduction in non-performing assets (NPAs) due to write-offs for public sector banks (PSBs) stood at Rs 1,31,894 crore during fiscal 2020-21, according to an RTI response. The RTI query was filed by Nagpur-based Sanjay Thul seeking information on non-performing assets (NPAs) of state-run banks and bad loans write-off by PSBs in the last […]
L&T Construction gets contracts up to Rs 2,500 crore for various businesses
NEW DELHI: Larsen & Toubro (L&T) Ltd’s construction arm has been awarded “significant” contracts in the range of Rs 1,500 crore- Rs 2,500 crore for its various businesses, according to the company. The orders were secured from clients for two of L&T Construction’s businesses: Building & Factories (B&F) Business and Power Transmission & Distribution Business. […]