The government on Tuesday said it had overcome “legacy issues” in the banking sector with bad debt recovery expected to rise nearly 2.5 times to Rs 1.8 lakh crore this fiscal year, amid signs of an improvement in finances of state-run banks and a pick up in loan demand.
The government on Tuesday said it had overcome “legacy issues” in the banking sector with bad debt recovery expected to rise nearly 2.5 times to Rs 1.8 lakh crore this fiscal year, amid signs of an improvement in finances of state-run banks and a pick up in loan demand.
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