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Clues by NC Team • 15 Mar 2019, Friday

After four years of consecutive losses, the state run banks are likely to report a profit of Rs 23,000-37,000 crore in the next financial year. The gross NPAs are also likely to come down to 8.1-8.4% while the net NPAs would be around 3.5-3.6% in FY20. In the last four years, with large capital infusion from the government, the state-run banks have been able to recognise and provide for their stressed assets. In the first nine month of FY19, the combined net loss stood at Rs 42,900 crore and is expected to increase to Rs 65,000 crore during FY19.

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