Kisan credit cards buck the trend, show decline in NPAs. Check details | Mint

In the last few years, the share of non-performing assets (NPAs) in Kisan Credit Card (KCC) accounts across various banking sectors has consistently declined, Union Agriculture Minister Shivraj Singh Chouhan has said. In a written reply to a question in the Lok Sabha, Chouhan said when it comes to scheduled commercial banks or SCBs, the … Read more

Credit card NPAs spiked 500% in past four years, shows RBI data. What is driving defaults? | Mint

Credit card usage has undoubtedly risen considerably in the past few years, primarily steered by increased consumer spending and the growing popularity of digital payments. However, non-performing assets (NPAs) in the credit card segment also spiked by 28.42 per cent to ₹6,742 crore during the 12-month period ended December 2024, the latest Reserve Bank of … Read more