-Livemint.com/ India Ratings Report by India Ratings & Research Non-performing loan ratio of agriculture loan portfolio could double for some banks The asset quality of India’s agricultural credit could be significantly affected by crop damage due to untimely hail and rain in March, according to India Ratings and Research. The non-performing loan (NPL) ratio of the agriculture loan portfolio could double for some banks, though the reduction of overall return on average assets...
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After Nepal quake, India may be next: Experts -Trina Joshi
-IANS In the wake of the strong 7.9 magnitude earthquake that killed over a 1,500 people in Nepal and left a swathe of devastation in the northern Himalayas on Saturday, experts said a temblor of equal intensity is "overdue in northern India." "An earthquake of the same magnitude is overdue. That may happen either today or 50 years from now... in the region of the Kashmir, Himachal, Punjab and Uttrakhand Himalyas. Seismic...
More »Delhi at high seismic risk with unplanned growth, flouting of norms -Moushumi Das Gupta
-Hindustan Times New Delhi: About half of Delhi would have flattened out had the epicentre of Saturday's morning earthquake been in or near the national capital. DK Paul, professor emeritus at IIT Roorkee's earthquake engineering department and part of the team that carried out a microzonation study of the capital in 2007, told HT that devastation in Delhi would be many times more not only on account of its high seismicity (it...
More »Met forecasts below normal monsoon at 93%
-The Times of India NEW DELHI: Raising the spectre of a second successive year of deficient rains, the India Meteorological Department has predicted below normal rainfall for the upcoming monsoon season with a 33% probability of rains being less than 90%, commonly referred to as a drought. "The monsoon seasonal rainfall is likely to be 93% of the long-period average with a model error of plus or minus 5%," said Union earth...
More »Mint index of rural distress shows deepening crisis in villages -Roshan Kishore
-Livemint If the IMD forecast of below normal monsoon comes true, the Mint index of rural distress is likely to rise to its decadal high Indian farmers are trapped in a new cycle of distress, and the first monsoon forecast by the India Meteorological Department (IMD) released on Wednesday indicates the rains could play truant for the second year in a row. A Mint index of rural distress—based on the growth of...
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