Banks Recover NPA

More than 200,000 cases are pending in Debt Recovery Tribunals (DRTs), which currently manage only 30,000 to 40,000 cases each year

CLSA expects private sector banks, which have been stock market laggards over the past few months, to give better returns ahead, given a good business outlook and inexpensive valuations

In the case of ABG Shipyard, too, says Edelweiss, the recovery of dues has been more than expected