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Modi govt revived banking sector, Rs 10 lakh cr bad loans recovered: FM

New Delhi, May 31: Finance minister Nirmala Sitharaman on Friday said the Modi government has turned around the banking sector through various reforms and

Modi Govt turned around banking sector, over Rs 10 lakh cr bad loans recovered in 10 years: FM

Finance minister Nirmala Sitharaman on Friday said the Modi government has turned around the banking sector through various reforms and improved governance which has led to banks recovering more than Rs 10 lakh crore from bad loans between 2014 and 2023. She said the Enforcement Directorate has

Modi govt transformed banking sector, Rs 10 lakh crore bad loans recovered: Nirmala Sitharaman

The Enforcement Directorate has investigated around 1,105 bank fraud cases, which resulted in the attachment of Rs 64,920 crore worth of proceeds of crime. As of December 2023, assets amounting to Rs 15,183 crore have been restituted to the Public Sector Banks (PSBs), the FM said.

Over `10 lakh crore bad loans recovered in 10 years, says FM

Over `10 lakh crore bad loans recovered in 10 years, says FM
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Financial health of PSBs improved significantly since 2014: FM

Financial health of PSBs improved significantly since 2014: FM
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