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'Banks have recovered Rs 10 lakh crore bad loans during 2014-23' Says Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman said on Friday that banks have recovered more than Rs 10 lakh crores from bad loans between 2014 and 2023, as part of the reforms process implemented by the Modi government.

'NPA-laden nightmares': Nirmala Sitharaman says UPA's 'phone banking' led to bad loans, banks in record profit now

Sitharaman cited former RBI Governors Raghuram Rajan and Urjit Patel, who were also critical of the lending practice then.

Banks Have Recovered Rs 10 Lakh Crore Bad Loans During 2014-23: FM Nirmala Sitharaman

New Delhi, May 31 (IANS) Finance

Banks recovered Rs 10 lakh crore bad loans during 2014-23: FM Nirmala Sitharaman

Banks have recovered Rs 10 lakh crore bad loans during 2014-23: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman said on Friday that banks have recovered more than Rs 10 lakh crores from bad loans between 2014 and 2023, as part of the reforms process implemented by the Modi government."The Directorate of Enforcement .