India’s Public Sector Banks Clear Rs 4.48 Lakh Crore in Non-Performing Assets Over Four-Year Period, with SBI and PNB Accounting for Largest Share: Report

India’s Public Sector Banks Clear Rs 4.48 Lakh Crore in Non-Performing Assets Over Four-Year Period, with SBI and PNB Accounting for Largest Share: Report

Public sector banks (PSBs) in India have written off non-performing assets (NPAs) worth over Rs 4.48 lakh crore in the last four financial years, according to a statement by Minister of State for Finance Pankaj Chaudhary in the Rajya Sabha. The State Bank of India,...