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Private banks witnessed rise in NPAs in large borrowal accounts in FY20: RBI
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PHOTO : TIWN
New Delhi, Jan 3 (TIWN) Private sector banks witnessed a rise in non-performing assets (NPA) in respect of large borrowal accounts with exposure of Rs five crore or above.
A recent report by the Reserve Bank of India (RBI), cited that gross NPA ratio as well as the ratio of restructured standard assets to total funded amounts emanating from larger borrowal accounts in the public sector banks have gone down.
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