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Gross NPAs down to Rs 7.90 lakh crore from Rs 8.65 lakh crore: FM Sitharaman


Gross NPAs down to Rs 7.90 lakh crore from Rs 8.65 lakh crore: FM Sitharaman

New Delhi, Aug 30 (ANI): Finance Minister Nirmala Sitharaman announced that the gross non-performing assets (NPAs) in the baning sector have come down from Rs 8.65 lakh crore to 7.90 lakh crore. Nirmala Sitharaman made the announcement at a press conference.

FM said that the non-performing assets, which were valued at Rs 8.65 lakh crore in December 2018 have come down to Rs 7.90 lakh crore. She also said that the loan recovery has been at a record high.

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