Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | RBI: Loan defaults by small businesses double in a year -George Mathew    </title>
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-The Indian Express

RBI said that the bulk of loan defaults, which rose from March 2017, is accounted by public sector banks which had a share of 65.32 per cent in outstanding loans to small units, down from 66.61 per cent..."/>
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-The Indian Express

RBI said that the bulk of loan defaults, which rose from March 2017, is accounted by public sector banks which had a share of 65.32 per cent in outstanding loans to small units, down from 66.61 per cent..." />
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    <h1 class="cat-box-title">RBI: Loan defaults by small businesses double in a year -George Mathew</h1>
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                            <div align="justify">-The Indian Express<br /><br /><em>RBI said that the bulk of loan defaults, which rose from March 2017, is accounted by public sector banks which had a share of 65.32 per cent in outstanding loans to small units, down from 66.61 per cent in the previous year.<br /><br />Mumbai: </em>MICRO AND small businesses continue to struggle in the wake of demonetisation and implementation of the Goods and Services Tax (GST), with the latest RBI figures showing that their loan default margin doubled over the last year &mdash; from Rs 8,249 crore by March 2017 to Rs 16,118 crore by March 2018.<br /><br />The figures, obtained by The Indian Express under the Right to Information (RTI) Act, show that non-performing assets (NPAs) or bad loans of micro and small units &mdash; where the investment in plant and machinery is above Rs 25 lakh but does not exceed Rs 5 crore &mdash; rose from Rs 82,382 crore to Rs 98,500 crore by March 2018.<br /><br />In its RTI reply, the RBI said that the bulk of loan defaults, which rose from March 2017, is accounted by public sector banks which had a share of 65.32 per cent in outstanding loans to small units, down from 66.61 per cent in the previous year.<br /><br />The RBI&rsquo;s reply said that outstanding advances to micro and small units increased by 6.72 per cent to Rs 10,49,796 crore by March 2018, as against Rs 9,83,655 crore in March 2017, and credit growth picked up in a significant way recently.<br /><br />Please <a href="https://indianexpress.com/article/business/banking-and-finance/rbi-loan-defaults-by-small-businesses-double-in-a-year-demonetisation-goods-and-services-tax-5336577/" title="https://indianexpress.com/article/business/banking-and-finance/rbi-loan-defaults-by-small-businesses-double-in-a-year-demonetisation-goods-and-services-tax-5336577/">click here</a> to read more. <br /></div>                                                           
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RBI said that the bulk of loan defaults, which rose from March 2017, is accounted by public sector banks which had a share of 65.32 per cent in outstanding loans to small units, down from 66.61 per cent..."/>
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                            <div align="justify">-The Indian Express<br /><br /><em>RBI said that the bulk of loan defaults, which rose from March 2017, is accounted by public sector banks which had a share of 65.32 per cent in outstanding loans to small units, down from 66.61 per cent in the previous year.<br /><br />Mumbai: </em>MICRO AND small businesses continue to struggle in the wake of demonetisation and implementation of the Goods and Services Tax (GST), with the latest RBI figures showing that their loan default margin doubled over the last year &mdash; from Rs 8,249 crore by March 2017 to Rs 16,118 crore by March 2018.<br /><br />The figures, obtained by The Indian Express under the Right to Information (RTI) Act, show that non-performing assets (NPAs) or bad loans of micro and small units &mdash; where the investment in plant and machinery is above Rs 25 lakh but does not exceed Rs 5 crore &mdash; rose from Rs 82,382 crore to Rs 98,500 crore by March 2018.<br /><br />In its RTI reply, the RBI said that the bulk of loan defaults, which rose from March 2017, is accounted by public sector banks which had a share of 65.32 per cent in outstanding loans to small units, down from 66.61 per cent in the previous year.<br /><br />The RBI&rsquo;s reply said that outstanding advances to micro and small units increased by 6.72 per cent to Rs 10,49,796 crore by March 2018, as against Rs 9,83,655 crore in March 2017, and credit growth picked up in a significant way recently.<br /><br />Please <a href="https://indianexpress.com/article/business/banking-and-finance/rbi-loan-defaults-by-small-businesses-double-in-a-year-demonetisation-goods-and-services-tax-5336577/" title="https://indianexpress.com/article/business/banking-and-finance/rbi-loan-defaults-by-small-businesses-double-in-a-year-demonetisation-goods-and-services-tax-5336577/">click here</a> to read more. <br /></div>                                                           
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RBI said that the bulk of loan defaults, which rose from March 2017, is accounted by public sector banks which had a share of 65.32 per cent in outstanding loans to small units, down from 66.61 per cent..." />
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    <h1 class="cat-box-title">RBI: Loan defaults by small businesses double in a year -George Mathew</h1>
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                            <div align="justify">-The Indian Express<br /><br /><em>RBI said that the bulk of loan defaults, which rose from March 2017, is accounted by public sector banks which had a share of 65.32 per cent in outstanding loans to small units, down from 66.61 per cent in the previous year.<br /><br />Mumbai: </em>MICRO AND small businesses continue to struggle in the wake of demonetisation and implementation of the Goods and Services Tax (GST), with the latest RBI figures showing that their loan default margin doubled over the last year &mdash; from Rs 8,249 crore by March 2017 to Rs 16,118 crore by March 2018.<br /><br />The figures, obtained by The Indian Express under the Right to Information (RTI) Act, show that non-performing assets (NPAs) or bad loans of micro and small units &mdash; where the investment in plant and machinery is above Rs 25 lakh but does not exceed Rs 5 crore &mdash; rose from Rs 82,382 crore to Rs 98,500 crore by March 2018.<br /><br />In its RTI reply, the RBI said that the bulk of loan defaults, which rose from March 2017, is accounted by public sector banks which had a share of 65.32 per cent in outstanding loans to small units, down from 66.61 per cent in the previous year.<br /><br />The RBI&rsquo;s reply said that outstanding advances to micro and small units increased by 6.72 per cent to Rs 10,49,796 crore by March 2018, as against Rs 9,83,655 crore in March 2017, and credit growth picked up in a significant way recently.<br /><br />Please <a href="https://indianexpress.com/article/business/banking-and-finance/rbi-loan-defaults-by-small-businesses-double-in-a-year-demonetisation-goods-and-services-tax-5336577/" title="https://indianexpress.com/article/business/banking-and-finance/rbi-loan-defaults-by-small-businesses-double-in-a-year-demonetisation-goods-and-services-tax-5336577/">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://indianexpress.com/article/business/banking-and-finance/rbi-loan-defaults-by-small-businesses-double-in-a-year-demonetisation-goods-and-services-tax-53365" class="re" target="_blank">The Indian Express, 3 September, 2018, https://indianexpress.com/article/business/banking-and-finance/rbi-loan-defaults-by-small-businesses-double-in-a-year-demonetisation-goods-and-services-tax-53365</a><div class="clear"></div>
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RBI: Loan defaults by small businesses double in a year -George Mathew

Published on Sep 5, 2018   Modified on Sep 5, 2018

-The Indian Express RBI said that the bulk of loan defaults, which rose from March 2017, is accounted by public sector banks which had a share of 65.32 per cent in outstanding loans to small units, down from 66.61 per cent in the previous year. Mumbai: MICRO AND small businesses continue to struggle in the wake of demonetisation and implementation of the Goods and Services Tax (GST), with the latest RBI figures showing that their loan default margin doubled over the last year — from Rs 8,249 crore by March 2017 to Rs 16,118 crore by March 2018. The figures, obtained by The Indian Express under the Right to Information (RTI) Act, show that non-performing assets (NPAs) or bad loans of micro and small units — where the investment in plant and machinery is above Rs 25 lakh but does not exceed Rs 5 crore — rose from Rs 82,382 crore to Rs 98,500 crore by March 2018. In its RTI reply, the RBI said that the bulk of loan defaults, which rose from March 2017, is accounted by public sector banks which had a share of 65.32 per cent in outstanding loans to small units, down from 66.61 per cent in the previous year. The RBI’s reply said that outstanding advances to micro and small units increased by 6.72 per cent to Rs 10,49,796 crore by March 2018, as against Rs 9,83,655 crore in March 2017, and credit growth picked up in a significant way recently. Please click here to read more.

The Indian Express, 3 September, 2018, https://indianexpress.com/article/business/banking-and-finance/rbi-loan-defaults-by-small-businesses-double-in-a-year-demonetisation-goods-and-services-tax-53365

Tagged with: Right to Information Right to Information (RTI) Right to Information Act msmes micro small and medium enterprises (msmes) Demonetisation Bankruptcy Non-Performing Assets Non-Performing Assets (NPAs) banking

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