 "Union Finance Minister Arun Jaitley is expected to address the two-day conclave at the State Bank of India (SBI) Academy in Gurugram")
Coinciding with the rollout of the goods and services tax (GST) in July 2017, the second quarter of July-September 2017 in the current financial year saw non-performing assets (NPAs) for micro, small and medium enterprises (MSMEs) remain high.
The State Level Bankers' Committee (SLBC) data show that the July-September advances to MSMEs in Gujarat have seen the highest NPAs of Rs 63.210 billion, or 7.02 per cent of total advances. The sector, however, saw a marginal fall in NPAs compared to the preceding quarter of April-June 2017 when it posted a figure of Rs 75.030 billion, or 8.55 per cent of
