NPAs of PSU banks decline by over 23,000 cr in H1 FY19, says official

Various initiatives taken by the government have yielded results, with the bad loans of public sector banks declining by over Rs 23,000 crore from a peak of Rs 9.62 lakh crore in March 2018, said a senior finance ministry official.

from The Financial ExpressBanking & Finance – The Financial Express http://bit.ly/2ERMHh5