Gross NPA of public sector banks declined to 3.1% from peak of 14.6% in March 2018

New Delhi [India], December 12 (ANI): The gross NPA ratio of public sector banks declined to 3.12 per cent in September 2024 from 4.97 per cent in March 2015 and a peak of 14.58 per cent in March 2018, the government stated on Thursday, reaffirming the robustness of the banking system.

The government emphasised its proactive support for the banking ecosystem, addressing both business needs and employee welfare to ensure s