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Finance Ministry Asks Banks To Expedite NPA Resolution, Focus On Credit Growth

Comprehensive steps were taken under the 4Rs strategy to reduce NPAs of PSBs. As part of the strategy, the government has infused Rs 3,10,997 crore to recapitalise banks during the last five financial years — from 2016-17 to 2020-21, out of which Rs 34,997 crore were sourced through budgetary allocation and Rs 2,76,000 crore through issuance of recapitalisation bonds to these banks.

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