Profit, losses, GNPAs of Public Sector Banks
Jul 25th, 2018 | By ThenewsmanofIndia.com
(THE NEWSMAN OF INDIA.COM) Asset Quality Review (AQR) carried-out in 2015 for clean and fully provisioned bank balance-sheets revealed high incidence of NPAs. Expected losses on stressed loans, not provided for earlier under flexibility given to restructured loans, were reclassified as NPAs and provided for. PSBs initiated cleaning-up by recognising NPAs and provided for expected
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