New banking giant: How merging bad banks with good ones helps

Public sector banks account for nearly 90 per cent of non-performing loans in the banking sector -- Rs 8.9 lakh crore out of the total Rs 10 lakh crore. 11 of the 21 PSBs are operating under an emergency programme, supervised by Reserve Bank of India, which restricts fresh lending.

from Times of India https://ift.tt/2NQMAaF