.....Noting that every public sector bank had two to three per cent non-performing assets (NPAs), the committee also demanded that the Reserve Bank of India and the Finance Ministry set up a group to study the issue. “We have asked the RBI and the Ministry that this group can submit a report on each NPA worth more than Rs 1 crore. This exercise should be done within three months,” a member of the panel said. A report with this recommendation will be submitted to Parliament during the second lap of the Budget session, slated to begin on April 22........
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