PSB NPAs Decline by Rs 31,000 Crore in April-December Fiscal Year '19: Minister Shiv Pratap Shukla

As a result of AQR and subsequent transparent recognition by PSBs, stressed accounts were reclassified as NPAs and expected losses on stressed loans, not provided for earlier under flexibility given to restructured loans, were provided for, minister of state for finance Shiv Pratap Shukla said said.

from Top Business News- News18.com http://bit.ly/2Dnwlux