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: 73 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);
}
$message = '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: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/rbi-loan-defaults-by-small-businesses-double-in-a-year-george-mathew-4685421/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/rbi-loan-defaults-by-small-businesses-double-in-a-year-george-mathew-4685421/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73 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 88 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
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: 74 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);
}
$message = '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: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/rbi-loan-defaults-by-small-businesses-double-in-a-year-george-mathew-4685421/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/rbi-loan-defaults-by-small-businesses-double-in-a-year-george-mathew-4685421/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74 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 88 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 Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68035178d3f9e-trace').style.display = (document.getElementById('cakeErr68035178d3f9e-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr68035178d3f9e-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68035178d3f9e-code').style.display = (document.getElementById('cakeErr68035178d3f9e-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr68035178d3f9e-context').style.display = (document.getElementById('cakeErr68035178d3f9e-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr68035178d3f9e-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr68035178d3f9e-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 37303, 'title' => 'RBI: Loan defaults by small businesses double in a year -George Mathew', 'subheading' => '', 'description' => '<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/">click here</a> to read more. <br /> </div>', 'credit_writer' => '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', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'rbi-loan-defaults-by-small-businesses-double-in-a-year-george-mathew-4685421', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4685421, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 37303, 'metaTitle' => 'LATEST NEWS UPDATES | RBI: Loan defaults by small businesses double in a year -George Mathew', 'metaKeywords' => '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', 'metaDesc' => ' -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...', 'disp' => '<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>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 37303, 'title' => 'RBI: Loan defaults by small businesses double in a year -George Mathew', 'subheading' => '', 'description' => '<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/">click here</a> to read more. <br /> </div>', 'credit_writer' => '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', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'rbi-loan-defaults-by-small-businesses-double-in-a-year-george-mathew-4685421', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4685421, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {}, (int) 5 => object(Cake\ORM\Entity) {}, (int) 6 => object(Cake\ORM\Entity) {}, (int) 7 => object(Cake\ORM\Entity) {}, (int) 8 => object(Cake\ORM\Entity) {}, (int) 9 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 37303 $metaTitle = 'LATEST NEWS UPDATES | RBI: Loan defaults by small businesses double in a year -George Mathew' $metaKeywords = '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' $metaDesc = ' -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...' $disp = '<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>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 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 88 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</pre></div></pre>latest-news-updates/rbi-loan-defaults-by-small-businesses-double-in-a-year-george-mathew-4685421.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | RBI: Loan defaults by small businesses double in a year -George Mathew | Im4change.org</title> <meta name="description" content=" -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..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>RBI: Loan defaults by small businesses double in a year -George Mathew</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <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 — 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 — 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.<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’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> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853'Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 48 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]Code Context$response->getStatusCode(),
($reasonPhrase ? ' ' . $reasonPhrase : '')
));
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68035178d3f9e-trace').style.display = (document.getElementById('cakeErr68035178d3f9e-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr68035178d3f9e-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68035178d3f9e-code').style.display = (document.getElementById('cakeErr68035178d3f9e-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr68035178d3f9e-context').style.display = (document.getElementById('cakeErr68035178d3f9e-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr68035178d3f9e-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr68035178d3f9e-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 37303, 'title' => 'RBI: Loan defaults by small businesses double in a year -George Mathew', 'subheading' => '', 'description' => '<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/">click here</a> to read more. <br /> </div>', 'credit_writer' => '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', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'rbi-loan-defaults-by-small-businesses-double-in-a-year-george-mathew-4685421', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4685421, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 37303, 'metaTitle' => 'LATEST NEWS UPDATES | RBI: Loan defaults by small businesses double in a year -George Mathew', 'metaKeywords' => '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', 'metaDesc' => ' -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...', 'disp' => '<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>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 37303, 'title' => 'RBI: Loan defaults by small businesses double in a year -George Mathew', 'subheading' => '', 'description' => '<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/">click here</a> to read more. <br /> </div>', 'credit_writer' => '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', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'rbi-loan-defaults-by-small-businesses-double-in-a-year-george-mathew-4685421', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4685421, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {}, (int) 5 => object(Cake\ORM\Entity) {}, (int) 6 => object(Cake\ORM\Entity) {}, (int) 7 => object(Cake\ORM\Entity) {}, (int) 8 => object(Cake\ORM\Entity) {}, (int) 9 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 37303 $metaTitle = 'LATEST NEWS UPDATES | RBI: Loan defaults by small businesses double in a year -George Mathew' $metaKeywords = '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' $metaDesc = ' -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...' $disp = '<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>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 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 88 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</pre></div></pre>latest-news-updates/rbi-loan-defaults-by-small-businesses-double-in-a-year-george-mathew-4685421.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | RBI: Loan defaults by small businesses double in a year -George Mathew | Im4change.org</title> <meta name="description" content=" -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..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>RBI: Loan defaults by small businesses double in a year -George Mathew</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <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 — 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 — 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.<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’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> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? Cake\Http\ResponseEmitter::emitStatusLine() - CORE/src/Http/ResponseEmitter.php, line 148 Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 54 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]Notice (8): Undefined variable: urlPrefix [APP/Template/Layout/printlayout.ctp, line 8]Code Context$value
), $first);
$first = false;
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68035178d3f9e-trace').style.display = (document.getElementById('cakeErr68035178d3f9e-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr68035178d3f9e-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68035178d3f9e-code').style.display = (document.getElementById('cakeErr68035178d3f9e-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr68035178d3f9e-context').style.display = (document.getElementById('cakeErr68035178d3f9e-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr68035178d3f9e-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr68035178d3f9e-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 37303, 'title' => 'RBI: Loan defaults by small businesses double in a year -George Mathew', 'subheading' => '', 'description' => '<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/">click here</a> to read more. <br /> </div>', 'credit_writer' => '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', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'rbi-loan-defaults-by-small-businesses-double-in-a-year-george-mathew-4685421', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4685421, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 37303, 'metaTitle' => 'LATEST NEWS UPDATES | RBI: Loan defaults by small businesses double in a year -George Mathew', 'metaKeywords' => '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', 'metaDesc' => ' -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...', 'disp' => '<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>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 37303, 'title' => 'RBI: Loan defaults by small businesses double in a year -George Mathew', 'subheading' => '', 'description' => '<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/">click here</a> to read more. <br /> </div>', 'credit_writer' => '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', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'rbi-loan-defaults-by-small-businesses-double-in-a-year-george-mathew-4685421', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4685421, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {}, (int) 5 => object(Cake\ORM\Entity) {}, (int) 6 => object(Cake\ORM\Entity) {}, (int) 7 => object(Cake\ORM\Entity) {}, (int) 8 => object(Cake\ORM\Entity) {}, (int) 9 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 37303 $metaTitle = 'LATEST NEWS UPDATES | RBI: Loan defaults by small businesses double in a year -George Mathew' $metaKeywords = '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' $metaDesc = ' -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...' $disp = '<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>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 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 88 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</pre></div></pre>latest-news-updates/rbi-loan-defaults-by-small-businesses-double-in-a-year-george-mathew-4685421.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | RBI: Loan defaults by small businesses double in a year -George Mathew | Im4change.org</title> <meta name="description" content=" -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..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>RBI: Loan defaults by small businesses double in a year -George Mathew</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <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 — 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 — 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.<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’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> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? Cake\Http\ResponseEmitter::emitHeaders() - CORE/src/Http/ResponseEmitter.php, line 181 Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 55 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
<head>
<link rel="canonical" href="<?php echo Configure::read('SITE_URL'); ?><?php echo $urlPrefix;?><?php echo $article_current->category->slug; ?>/<?php echo $article_current->seo_url; ?>.html"/>
<meta http-equiv="Content-Type" content="text/html; charset=utf-8"/>
$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 37303, 'title' => 'RBI: Loan defaults by small businesses double in a year -George Mathew', 'subheading' => '', 'description' => '<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 — 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 — 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.<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’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/">click here</a> to read more. <br /> </div>', 'credit_writer' => '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', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'rbi-loan-defaults-by-small-businesses-double-in-a-year-george-mathew-4685421', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4685421, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 37303, 'metaTitle' => 'LATEST NEWS UPDATES | RBI: Loan defaults by small businesses double in a year -George Mathew', 'metaKeywords' => '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', 'metaDesc' => ' -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...', 'disp' => '<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 — 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 — 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.<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’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>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 37303, 'title' => 'RBI: Loan defaults by small businesses double in a year -George Mathew', 'subheading' => '', 'description' => '<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 — 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 — 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.<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’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/">click here</a> to read more. <br /> </div>', 'credit_writer' => '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', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'rbi-loan-defaults-by-small-businesses-double-in-a-year-george-mathew-4685421', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4685421, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {}, (int) 5 => object(Cake\ORM\Entity) {}, (int) 6 => object(Cake\ORM\Entity) {}, (int) 7 => object(Cake\ORM\Entity) {}, (int) 8 => object(Cake\ORM\Entity) {}, (int) 9 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 37303 $metaTitle = 'LATEST NEWS UPDATES | RBI: Loan defaults by small businesses double in a year -George Mathew' $metaKeywords = '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' $metaDesc = ' -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...' $disp = '<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 — 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 — 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.<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’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>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 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 88 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
![]() |
RBI: Loan defaults by small businesses double in a year -George Mathew |
-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. |