Banks Wrote-off Rs 1.15 Lakh Crore in First Three Quarters of FY21: Anurag Thakur
Minister of state for finance Anurag Singh Thakur also told the Lok Sabha that non-performing assets of banks have declined because of the government's strategy of recognition, resolution, recapitalisation and reforms.
Minister of State for Finance Anurag Thakur speaks in Lok Sabha during the ongoing Monsoon Session of Parliament, amid the coronavirus pandemic, in New Delhi, Friday, Sept. 18, 2020. Photo: PTI
Government09/Mar/2021
New Delhi: Banks have written off bad loans to the tune of Rs 1.15 lakh crore during the first three-quarters of the current fiscal, the Lok Sabha was informed on Monday.