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NPA formation showing declining trend in March quarter: FM Arun Jaitle

NPA formation showing declining trend in March quarter: FM Arun Jaitle

Wednesday, March 15, 2017, 6:02 PM

The rate of rising in bank’s non- performing assets has slowed down in the March quarter and the steel sector has started showing signs of improvement, Finance Minister Arun Jaitley said today. The core problem of NPAs is with very large corporates, though few in numbers, which are predominantly in the steel, power, infrastructure and textile sectors.
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