<h1>Public Sector Banks Resolve 68 Cases Under Insolvency Code, Write Off NPAs, and Strengthen with 4R Strategy.</h1> Public Sector Banks (PSBs) have written off non-performing assets (NPAs) and implemented resolution plans for 68 cases under the Insolvency and Bankruptcy Code, 2016, with a total resolution amount of Rs. 65,320 crore as of March 31, 2019. The government has adopted a 4R strategy to strengthen PSBs, including recognition of NPAs, resolution of stressed accounts, recapitalization, and reforms. Over four years, PSBs were recapitalized with Rs. 3.12 lakh crore. Gross NPAs reduced by Rs. 1,06,032 crore, and record recoveries of Rs. 3,09,568 crore were achieved. PSBs now meet regulatory capital requirements, with improved asset quality and financial strength.