Fear of action by banks along with signs of improvement in the economy have helped state-run lenders recover over Rs 36,500 crore of bad and sticky assets during the first quarter of the current financial year — which is almost half the recoveries made from loan defaulters in the whole of 2017-18. Data available with the finance ministry showed that in the last financial year, recovery of bad debt added up to Rs 74,562 crore.

Fear of action by banks along with signs of improvement in the economy have helped state-run lenders recover over Rs 36,500 crore of bad and sticky assets during the first quarter of the current financial year — which is almost half the recoveries made from loan defaulters in the whole of 2017-18. Data available with the finance ministry showed that in the last financial year, recovery of bad debt added up to Rs 74,562 crore.