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Public sector banks wrote off loans worth Rs 3 66 lakh crore in last three fiscal years

Public sector banks wrote off a whopping Rs 3.66 lakh crore loans in the last three financial years, according to RBI data.At the same time, these banks recovered just Rs 1.9 lakh crore during this period, the data obtained by Moneycontrol.com .

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Indian Banks Push For Five-Day Workweek, Submit Formalc For Holidays On Every Saturday

Indian Banks Push For Five-Day Workweek, Submit Formalc For Holidays On Every Saturday
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Banks write off Rs 10 57 lakh crore in 5 years, make NPA recovery worth Rs 7 17 lakh crore: Finance Ministry

Banks write off Rs 10 57 lakh crore in 5 years, make NPA recovery worth Rs 7 17 lakh crore: Finance Ministry
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Banks write off Rs 10 57 lakh crore in five years, make NPA recovery worth Rs 7 17 lakh crore

"Comprehensive steps have been taken to recover NPAs, enabled by which, SCBs have made an aggregate recovery of Rs 7,15,507 crore (RBI provisional data for FY 2022-23) in NPA accounts, including written-off loans, during the last five financial years," Minister of State for Finance Bhagwat Karad said.

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Banks write off Rs10 57 lakh crore in five years, make NPA recovery worth Rs7 17 lakh cr: FinMin

Banks write off Rs10 57 lakh crore in five years, make NPA recovery worth Rs7 17 lakh cr: FinMin
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