Finance Minister Arun Jaitley has said the Non Performing Assets are on the decline in the country as recoveries have picked up in the Public Sector Banks. <br />''<br />''<br />''Addressing media after the annual review meeting with Public Sector Banks' chiefs in New Delhi, Mr. Jaitley said,  the debtors of banks are paying up in anticipation of Insolvency and Bankruptcy Code being applied on them. <br />''<br />''<br />''The Minister also said the credit growth has significantly moved upwards and the lending ability of banks are much better. <br />''<br />''<br />''He also said the government will launch a financial inclusion index for the states. <br />''<br />''<br />''On a question regarding  Bank Unions's reservation on a  merger plan of Vijaya Bank, Bank of Baroda and  Dena Bank,  the Minister said, it will be in the interest of bank employees. He said the idea is to create a single and strong bank, not a weak large bank. <br />''<br />''<br />''<br />''<br />''<br />''<br />''<br />''<br />''<br />''<br />