Evergreening of Loans
Recently, the Reserve Bank of India (RBI) Governor raised red flags over banks adopting innovative methods for the evergreening of loans.
About Evergreening of Loans
- The evergreening of loans is a term in which banks try to revive a loan that is on the verge of default by granting further loans to the same borrower.
- It is a form of zombie lending in which banks provide more loans to the borrowers to stop them from turning into huge non-performing assets (NPAs).
- The process of evergreening of loans is typically a temporary fix for a bank covering up the real status of ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Economy Watch
- 1 Undercapitalization of Indian Debt Market
- 2 Mutual Credit Guarantee Scheme for MSMEs
- 3 National Critical Minerals Mission
- 4 Diamond Imprest Authorization Scheme
- 5 Bharat Cleantech Manufacturing Platform
- 6 Extra-long Staple Cotton
- 7 National Manufacturing Mission
- 8 Financialisation of the Economy
- 9 Logistics Ease Across Different States (LEADS) 2024 Report
- 10 Team Initiative:Boosting Digital Commerce for MSMEs
