Aided by better recoveries and declining slippages, overall net non-performing assets (NPAs) of the banking sector are likely to improve to 3.2-3.3 per cent by the end this fiscal from 3.7 per cent in September 2019, says a report. Net NPAs of banking sector stood at 3.8 per cent as of March 2019.
New Delhi, Nov 9: Switzerland has started sharing banking and tax-related information with India, more than a year after the two countries signed a revised bilateral treaty that is likely to help tackle the problem
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