'Govt, RBI steps resulted in improvement in NPA recovery'

A series of steps taken by the Government and the Reserve Bank have helped improve recovery of bad loans by public sector banks (PSBs), Parliament was informed on Tuesday.

Banks asked to take fresh steps to speed up NPA recovery: FM

State-owned banks have been asked to take fresh steps to speed up recovery of non-performing assets (NPAs), Finance Minister P Chidambaram said in the Rajya Sabha on Thursday.