CRISIL: GK, Current Affairs, Questions, Trivia and News

IBC and Reduction in Gross NPAs of Banks

The biggest problem of the Indian Banking System is Non-performing Asset (NPA). The report of the Crisil has stated that the gross NPA is estimated to have declined to 10 per cent in end-March 2019 from 11.5 per cent a year before as recoveries through the Insolvency and Bankruptcy Code (IBC) helped banks recover bad ..

India’s first sentiment index “CriSidEx” for micro and small enterprises launched

Arun Jaitely, the Union Finance Minister, has inaugurated India’s first sentiment index “CriSidEx” for micro and small enterprises in New Delhi. CriSidEx, which is developed jointly by SIDBI and CRISIL, is a composite index based on a diffusion index of 8 parameters and measures MSE business sentiment on a negative to positive scale. This index ..