77% of Indian public sector banks reported a decrease in non-performing assets over six months: FICCI-IBA Bankers' survey.

Public sector banks in India showed a decrease in non-performing assets (NPAs) over the last six months, according to a FICCI-IBA Bankers' survey. 77% of respondent banks reported a decline in NPAs, with public sector banks having better asset quality compared to private sector banks. The survey covered 23 banks, including public, private, and foreign banks, representing about 77% of the banking industry.

March 21, 2024
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