NPAs Of 18 PSBs Cross Rs 4.6 Lakh Crore; Borrowers Struggle To Pay EMIs

by Rahul Gautam Sep 15, 2020 • 06:25 PM Views 809

The Finance Ministry in response to a question said that by March 31, 2020, the debt of 4,67,140 crores of 18 government banks has become NPA, that is, it is possible that the bank may recover the loan amount. Quoting RBI the ministry said that the public sector banks had given loans in different areas, which could not be recovered. The highest loan amount given was 3,33,143 crore rupees, which has now turned into NPA