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3. The Financial Stability Report (FSR) of the Reserve Bank of India (RBI) has revealed that the gross non-performing assets (GNPA) of banks may soar to 6.9% by March 2017. Why is GNPA rising in India? Also examine the recent steps taken by the government to reduce NPAs.

  • IASbaba
  • November 18, 2016
  • 6

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