March 14, 2025
Financial Assets

Beijing steps up financial ‘master plan’ with major asset reshuffle

China’s Ministry of Finance has transferred its stakes in a group of financial firms to a government-controlled fund as Beijing steps up its push to overhaul the financial sector. The asset reshuffle will allow Central Huijin Investment – a subsidiary of China’s sovereign wealth fund, China Investment Corporation – to take controlling stakes in five

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Financial Assets

Bad loans by cooperative banks in Kerala mount to Rs 50K crore | Kerala News

Thiruvananthapuram: The non-performing assets (NPAs) of the cooperative banks in Kerala are on the verge of crossing Rs 50,000 crore. This amount includes the interest and penal interest on the defaulted loans worth Rs 17,148.7 crore distributed by the banks over the last 15 years. Recovery proceedings are stalled for a large number of bad

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