Advertisment

Public sector banks (PSBs)

FinMin wants PSU banks to enhance recovery rate from written-off accounts to about 40%

FinMin wants PSU banks to enhance recovery rate from written-off accounts to about 40%

Currently, the recovery rate from written-off accounts is less than 15 per cent. Public sector banks (PSBs) could recover only 14 per cent of the written-off loans
Advertisment
Subscribe