Banks are asked to Check Rise in Bad Loans
A recent press report said that Finance Minister, Mr. Pranab Mukherjee, has asked public sector banks (PSBs) to apply due diligence in sanctioning of new loans. Reports said that the gross NPA level in the banking system has gone up from Rs 59,927 crore as on March 31, 2010 to Rs 74,617 crore as on… Read More »