1. Net
bad loans of 40 banks soar by 38 per cent in April-Sept
I. The
net bad assets of the 40 listed banks have jumped 38 per cent to Rs 1,28,533
crore during the first half of this financial year, from Rs 93,109 crore at the
end of the last financial year.
II. 14
banks have reported more than 50 per cent jump in their net non-performing
assets (NPAs) during these six months.
III.
For SBI, net NPAs rose to 2.91 per cent from
2.44 per cent in Q2. However, on a sequential basis, NPAs of the nation's
largest lender came down by 39.23 per cent. The rising provisions for bad
assets pulled down the net profit of the bank by 35.03 per cent.
2. India’s
Forex falls by $1.41 billion
I. India’s
foreign exchange reserves fell by $1.41 billion to $314.18 billion for the week
ended September 26, Reserve Bank of India (RBI) data showed.
II.
According to the RBI’s weekly statistical
supplement, foreign currency assets, the biggest component of the Forex
reserves, plunged by $1.39 billion at $287.39 billion in the week under review.
3. Banks
open 5.29 cr a/cs under Jan Dhan, issue 1.78 cr RuPay cards
I. The
Finance Ministry on Thursday said 5.29 crore bank accounts have
been opened and 1.78 crore RuPay debit cards have been issued so far under
Prime Minister Narendra Modi's flagship Jan Dhan Yojana.
II.
As on date, 5.29 crore accounts have been opened
under PMJDY, of which 3.12 crore are in rural and 2.17 crore are in urban
areas.
III.
The main features of the PMJDY scheme include an
overdraft facility worth Rs 5,000 for Aadhar-linked accounts, a RuPay Debit
Card with in-built accident insurance cover of Rs 1 lakh.
4. Veteran
industrialist Pollachi Mahalingam passes away
I. Noted
industrialist and three-time MLA, ‘Pollachi’ N Mahalingam died in Chennai following cardiac arrest suffered at a
function.
II.
Chairman of the over Rs 5,000-crore Sakthi Group
of Companies and Anamallais Bus Transport Ltd (ABT Services), he was
participating in a lecture when he suddenly collapsed. He was rushed to a
private hospital but declared brought dead, family sources said.
5. Kabaddi
golds prop India in Asiad, total haul at 57
I. India
brought the curtains down on their campaign in the 17th Asian Games,
maintaining their domination of kabaddi with two gold medals as the country
rose a rung to eighth in the overall standings on the penultimate day of competitions
in Incheon on Friday.
II.
With two gold medals coming on Friday, India
won 57 medals -- 11 gold, nine
silver and 37 bronze.
aced eighth on the table with a total haul of
III.
China continued to be at the top with an
impressive haul of 329 (145-103-81) followed by hosts South Korea 222
(75-70-77) and Japan 190 (46-72-72).
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