... Consumer banking is not the only area where public sector banks are seen embracing the technology. These banks have also implemented system-based recognition of nonperforming assets since the beginning of FY2011-2012. As this system completes two years successfully, experts and analysts would get stronger and clearer details about the quality of assets of these banks. This has also enabled banks to resort to robust risk management practices, which help them avoid any untoward eventuality.
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