PSB

PSBs Recover Rs 1.2 Lakh Cr From Bad Loans in 2018-19

“Due to non-resolution of some big accounts referred under NCLT (National Company Law Tribunal), PSBs could not achieve the resolution target of Rs 1.80 lakh crore. But, these accounts should be resolved in the current financial year,” the official said. Banks recovered close to Rs 55,000 crore from the NCLT resolution, the official said.