Steel sector played huge role in bank NPAs: FM
Finance Minister Arun Jaitley on Thursday said the steel sector has played a huge role in the formation of non-performing assets (NPAs) in Indian banks, while the highway sector witnessed a revival. Bad debt has hampered banks' ability to lend, he added. Notably, the NPAs of public sector banks touched ₹3.61 lakh crore at the end of 2015.