Banks bad loans down at Rs 9.34 lakh crore at FY19-end, says Nirmala Sitharaman

Sitharaman said the SCBs effected record recovery of Rs 4,01,424 crore over the last four financial years, including record recovery of Rs 1,56,746 crore during 2018-19 ( provisional data for 2018-19, as reported by RBI on July 9, 2019).

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2k81D2N