The Central govt has allotted Rs.22,915 crore to 13 public sector banks to tide over the problem of huge NPAs or bad loans. Though this will help PSUs, it is done only to save corporates from returning the loans taken by them. Govt don’t want the NAP issue to be focused and companies compelled to repay loans.
Govt. allots RS.22,915 crore to Private Banks
20 Wednesday Jul 2016
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