PSB recovered Rs 60,730 cr of outstanding bad loans in April-September period

(G.N.S) Dt. 21 New Delhi In a major step Public sector banks recovered Rs 60,730 crore ($8.69 billion) of outstanding bad loans in the April-September period. Describing this as a ‘record’ haul, Financial Services Secretary Rajeev Kumar (IAS:1984:JH) said the government would give funds to four-five banks under a prompt