Expedite NPA resolution, focus on credit growth: Finance ministry to PSBs

Banks have been asked to put up branches in unbanked villages

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Finance ministry officials took stock of PSBs’ NPAs of over Rs 100 crore, an official said.

Nikunj Ohri New Delhi
The government on Monday took stock of credit growth and the performance of public sector banks (PSBs) on parameters including asset quality, financials, and recoveries from bad loans.
 
State-owned lenders have been asked to expedite the resolution of non-performing assets (NPAs).

Finance ministry officials took stock of PSBs’ NPAs of over Rs 100 crore, an official said.

First Published: Jun 21 2022 | 12:22 PM IST

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