Gross NPAs of PSBs declined to Rs 6.09 lakh cr in Sep 2020: Anurag Thakur

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Gross NPAs of PSBs declined to Rs 6.09 lakh cr in Sep 2020: Anurag Thakur

PTILast Updated: Feb 09, 2021, 04:24 PM IST

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There was record recovery of Rs 2.54 lakh crore during March 2018 and September 2020 and 11 out of 12 PSBs reported profit in the first half of 2020-21 amounting to Rs 14,688 crore, he said in a written reply to Rajya Sabha.

Provision coverage ratio of PSBs is at over 8 years high at 85.06 per cent at the end of September 2020.

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