State-Run Banks’ Losses Fell In FY19 As NPAs Declined\, Says Finance Minister

Customers wait at counters at a public sector bank. (Photographer: Sondeep Shankar/Bloomberg News)

State-Run Banks’ Losses Fell In FY19 As NPAs Declined, Says Finance Minister

The net loss posted by state-run banks in the year ended March 2019 declined over the preceding fiscal, according to Finance Minister Nirmala Sitharaman.The minister, citing Reserve Bank of India d...