BANKING

Citing Reserve Bank of India's (RBI) data on global operations of scheduled commercial banks, Minister of State for Finance Bhagwat Karad in a reply to the Lok Sabha said the banks' gross non-performing assets (GNPAs) have declined from Rs 9,33,779 crore (GNPA ratio of 9.07 per cent) as on March 31, 2019, to Rs 8,00,463 crore (6.93 per cent) as of September 30, 2021.

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