Losses of public sector banks for FY19 to be in the range of Rs 41,900 cr - Rs 1.02 lakh cr: ICRA report

Losses of public sector banks for FY19 to be in the range of Rs 41,900 cr - Rs 1.02 lakh cr: ICRA report The report expects Gross NPAs and Net NPAs for banking sector likely to reduce to ~10 percent and 4.3 percent, respectively by March 2019.

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