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Over half of FY23 bank loan write-offs linked to large industries, services sector

The total defaulted loans (including write-offs but excluding loans recovered from write-offs in three years) amount to Rs 10.32 lakh crore, according to back-of-the-envelope calculations. ....

Gross Npas , Indian Express , Reserve Bank , Information Act , Fy23 Bank Loan , Ank Loan Write Offs , Large Industries , Services Sector , Scheduled Commercial Banks , Ministry Of Finance Data , Ndian Express News ,