Banks only recovered 4% bad loans in last few years

Bad loans of nationalized banks have jumped up hugely in last few years, however, on the other hand, most of them couldn’t really be recovered. According to the data, only 4% of bad loans have been recovered in last few years. 22,61,873 NPA cases were referred to Lok Adalats and among those only 28,000 crores could have been recovered in 2016-2017. Usually, bad loan cases go to the Lok Adalat.