Role of DFS in improving bank asset quality in 2023 Subject :Economy Section: Monetary Policy Reduction of Non-Performing Assets (NPAs): The DFS have played a crucial role in significantly reducing NPAs in Scheduled Commercial Banks (SCBs). Gross NPAs decreased from ₹9,33,779 crore in March 2019 to ₹5,71,515 crore in March 2023. Measures Affecting […]