Recognition of NPAs is almost complete, non-recognition now at 0.59%: FM Jaitley
Updated:6 years, 10 months ago
New Delhi, Dec 20 (ANI): Union Finance Minister Arun Jaitley updated on the non-performing assets (NPAs) at a presser in New Delhi on Thursday. The Finance Minister said, “The recognition of NPAs is almost complete, the non-recognition is now at 0.59% which was to the extent of about 7% in March 2015. Last quarter has already shown that there is an improved performance. The downward slide in the NPAs itself would now commence.”
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