The situation regarding non-performing assets has deteriorated significantly for the public sector banks (PSBs) over the last one year, the Reserve Bank of India (RBI) said in a report. According to the ‘Profile of Banks 2011-12’ released by the RBI, while the net ratio of non-performing assets (NPAs) of scheduled commercial banks (SCBs) rose from 0.97 per cent in 2010-11 to 1.28 per cent in 2011-12, it has been primarily driven by the rise in NPA levels of the PSBs......
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