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Govt says banks back in green, 13 report profit

Govt says banks back in green, 13 report profit

The Ministry of Finance on Saturday said that the health of public sector banks, that have been reeling under non-performing assets for the last few years, has been restored and a total of 13 banks reported profits in the first half of the current fiscal.

A statement from the ministry noted that the gross NPAs of the state-run banks have declined from ₹8.96 lakh crore in March 2018 to ₹7.27 lakh crore in September 2019.

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Govt says banks back in green, 13 report profit

Govt says banks back in green, 13 report profit

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