Current Affairs - August 2022
RBI and government-assisted banks have recovered bad loans of more than how many lakh crore over the previous eight fiscal years?
The administration informed Parliament that concrete actions were taken by the RBI and government-assisted banks in recovering bad loans of more than Rs 8.6 lakh crore over the previous eight fiscal years.
Retail inflation softened to 6.71 per cent in July due to moderation in food prices but remained above the Reserve Bank's comfort level of 6 per cent for the seventh consecutive month.