Ranchi Banks Face Serious NPA Crisis as Figures Rise Despite Percentage Decline

Despite a slight percentage decrease in non-performing assets (NPAs), banks in the state are facing a significant concern as the absolute value of NPAs has risen by nearly Rs 500 crore, crossing the Rs 8,000 crore mark. This situation necessitates strengthened risk evaluation and recovery efforts, with thousands of cases pending in certificate and Debt Recovery Tribunal proceedings.