Banks recovered over Rs 10 lakh crore from defaulters in past 9 years: Centre
New Delhi [India], July 26 (ANI): Banks in India have recovered non-performing assets worth Rs 10.16 lakh crore on an aggregate basis in the past nine years, Minister of State (MoS) Finance Bhagwat Karad informed Parliament.
In the ongoing monsoon session of Parliament, the government was asked to respond about the effective measures to recover the bad loans and NPA amount from corporate companies.
The minister responding