NPAs of banks decrease to Rs 64,106 crore

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Mumbai: NPAs (non-performing assets) of government banks have decreased by Rs 64,106 crore during the last financial year. That is, the recovery of so many rupees has been done. This disclosure has happened through an RTI. However, gross implicated debt of these banks at the end of the financial year ended March 31 (gross NPA) was reached grew to Rs 895,601 crore.

RTI activist Chandrashekhar after the filing of RTI on behalf of minor part of the answer to the central bank on August 24 was revealed that financial year 2016-17 at the end of the public sector at Rs 53,250 crore debt trap Banks level. At the expiration of the financial year 2015-16, these banks had to recover the trapped loans of Rs 40,903 crore. At the same time, due to the real recovery from the defaulters, the trapped debt of public sector banks declined by 6,84,732 crore in the financial year 2016-17. However, due to outstanding recovery in fiscal year 2015-16, due to outstanding recovery these loans were reduced by Rs 5,39,968 crore in these loans.

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