Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey
A survey by FICCI and IBA reveals Indian public sector banks outperform private counterparts in managing non-performing assets (NPAs). Majority of public banks reported NPA reduction, contrasting with private banks. NPAs are expected to remain stable or decrease in coming months, with sectors like textiles, agriculture, and gems showing persistent issues.
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