Thursday, September 22, 2022

Central Bank of India sets a target of reducing bad loans to the tune of Rs 6,000 crore in next three months

"We are aiming to reduce gross NPA below 10% by December this year," managing director MV Rao told ET, barely two days after Reserve Bank of India lifted the business restrictions on the bank under the prompt corrective action framework.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/central-bank-of-india-sets-a-target-of-reducing-bad-loans-to-the-tune-of-rs-6000-crore-in-next-three-months/articleshow/94375960.cms

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