PSB bad loans fall to 1.9%; ECLGS keeps credit flowing to trade, food and textiles
The government said public-sector banks posted nearly Rs 2 lakh crore in cumulative profit last financial year as gross NPAs fell from 7.3% to 1.9% over five years. ECLGS 5.0 has issued Rs 1.9 lakh crore in guarantees, supporting liquidity for retail-linked businesses.
Government said public-sector banks’ bad loans have fallen sharply and profits rose. ECLGS 5.0 is supporting business credit, with trading, food processing and textiles among leading recipient sectors, relevant to liquidity conditions for Indian retail-linked small businesses.
Why this matters
Alongside sugar dealer stock caps and weekly inventory disclosures, and consideration of easier downstream FDI rules, the Government of India is pairing retail-market oversight with financing support.
retail-company signals are accelerating, up +398733% QoQ.