Sensex
80,364.49 profit arw 554.84 (0.70%)
Nifty
24,625.05 profit arw 198.20 (0.81%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 22-Jul-2025
Economy - Reports
22-Jul-2025     16:44

Gross non-performing assets of public sector banks have been declining during last five financial years

Ministry of Finance stated in a latest update that gross non-performing assets (NPAs) of public sector banks have been declining during the last five financial years. The NPAs have reduced from 9.11% to 2.58% from March 2021 to o March 2025. Change in credit culture has been effected, with the Insolvency and Bankruptcy Code (IBC) fundamentally changing the creditor-borrower relationship, taking away control of the defaulting company from promoters/owners, and debarring wilful defaulters from the resolution process. To make the process more stringent, personal guarantor to corporate debtor has also been brought under the ambit of IBC.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

80,364.49 554.84 (0.70%)

Nifty

24,625.05 198.20 (0.81%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

25,617.43 539.80(2.15%)