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Automotive Crankshaft Market to Cross USD 4.33 billion, at a CAGR of 2.23% by 2031 | States Transparency Market Research Inc.

Demand for automotive crankshafts may grow with growing electric vehicle sales and consumer purchasing power.Wilmington, Delaware, United States, Nov. 16, 2023 (GLOBE NEWSWIRE) Transparency Market Research Inc. - Crankshaft sales in the automotive industry reached US$ 3.40 Billion in 2020. Between 2021 and 2031, the market is expected to expand at 2.23% CAGR. Crankshaft sales worldwide are expected to exceed US$ 4.33 billion by 2031 Vehicles with high performance are in high demand. For perfo ....

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IDBI Bank Recovers Just 7% Out of Rs45,536 Crore Written off Bad Loans, Took 60% Haircut To Settle Loans

IDBI Bank Ltd, which has received multiple bailouts in the past few years, recovered just 7% from big defaulters who have an outstanding of Rs100 crore and more, from Rs45,536 crore bad loans it wrote off since financial year (FY)2016-17. What is more shocking is IDBI Bank took a haircut of 60% while settling loans worth Rs15,623 crore through the national company law tribunal (NCLT), reveals a reply received under the Right to Information (RTI) Act. IDBI Bank was re-categorised as a private sector lender in January 2019 after the Life Insurance Corporation of India (LIC) increased its stake to 51% in the lender. ....

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