IBC, EASE, UPI: MoS Finance highlights measures building resilient banking future
A framework for early detection and time-bound resolution of stressed assets, along with automated Early Warning Systems, has reduced slippages into NPAs.
A framework for early detection and time-bound resolution of stressed assets, along with automated Early Warning Systems, has reduced slippages into NPAs.
This decline reflects a substantial reduction in bad loans, with total gross NPAs dropping from Rs 6.16 lakh crore to Rs 2.83 lakh crore, according to provisional data released by the Reserve Bank of India (RBI).
