Resolution of bad loans has helped 13 public sector banks to post profit during the current fiscal against only six last year. Five such banks still remain in red. It is estimated that resolution of some of the large cases like Alok Industries and Bhushan Power & Steel Ltd (BPSL) would help aggregate recoveries cross over Rs 1 lakh crore during the current fiscal.from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/2Qv8L5l
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