Banks’ NPAs decline for first time in seven years

The Reserve Bank of India (RBI) report on 'trend and progress of banking in India', shows that the gross NPAs declined to 9.1% in March 2019 from 11.2% in March 2018 as recognition of bad loans neared completion. The report showed that all bank groups recorded an improvement in asset quality, with PSBs experiencing a drop both in the GNPA and net NPA ratios.

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