Following the Union Budget 2022 announcement, Finance Minister Nirmala Sitharaman on February 1 said that NPAs in banks are coming down and banks are getting the money back of those who have fled from the country. “After 2018, information is being shared on black money by foreign countries. On the basis of this info, we are working account by account for black money to be brought. NPAs in banks are coming down, banks getting the money back of those who have fled from the country,” said FM N Sitharaman.
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