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Bad loans of PSU banks are declining: Govt officials

New Delhi: Bad loans of state-run banks are in decline and the lenders have recognised most of their stressed assets, a government official said.

The gross non-performing assets (NPAs) of state-run banks have begun dropping after peaking in March, registering a fall of Rs 23,860 crore in the first half of the current financial year.

“The recognition exercise is nearly over with restructured standard assets declining from the peak of 7….
Banking Industry News

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