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Finance ministry expects NPA recovery of Rs 1.80 lakh crore in FY19

Updated : February 20, 2019 08:16 PM IST

So far, banks have recovered Rs 1 lakh crore under the Insolvency and Bankruptcy Code (IBC).
Lenders are expecting to recover almost Rs 52,000 crore loan in case of Essar Steel while Rs 18,000 crore from Bhushan Power & Steel Ltd.
Finance ministry expects NPA recovery of Rs 1.80 lakh crore in FY19
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