FIR filed against willful defaulters

In a swift action, FIRs have been filed by PSBs against 3,154 willful defaulters till March 31, 2019. Gains to PSBs are amply visible in their growing financial strength. Gross NPAs of PSBs have reduced over the last financial year by Rs. 1,06,032 crore. Growing strength of PSBs is also evident from the fact that all PSBs meet minimum regulatory capital requirement, 6 PSBs are now out of PCA restrictions.