Indian Banking News

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Indian Banks Enter Reform Phase as Nirmala Sitharaman Highlights Record-Low NPAs

New Delhi, August 17, 2026; Union Finance Minister Nirmala Sitharaman said Indian banks are entering a stronger phase of growth and reform, with non-performing assets (NPAs) declining to their lowest level ever recorded in the country’s banking sector. Speaking at the opening of PSB Confluence 2026, a two-day gathering of public sector bank leadership, Sitharaman […]

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