IFC to invest Rs 225 cr in NDR Smart Spaces in equities

The International Finance Corporation has invested twenty-three million dollars in NDR Smart Spaces. This investment will support the development of twenty million square feet of warehousing infrastructure. The project aims to create approximately twenty-four thousand direct employment opportunities across India.…

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Purchase of bad loans by ARCs rises 56% in Q1

Asset reconstruction companies bought twenty-six thousand three hundred four crore rupees of bad loans. This acquisition saw a fifty-six percent increase from the previous year’s figures. The overall non-performing asset ratio in the banking system continued its downward trend. Banks…

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