Public Sector Banks write off ₹7 lakh crore in NPAs, recover over ₹5 lakh crore, but recovery record remains low.
The gross non-performing assets of public sector banks (PSBs) stood at Rs 3.16 lakh crore as of September 30, which is 3.09 ...
Such write-offs do not result in borrowers’ liabilities being waived and therefore, they do not benefit them, the Finance Ministry told the Lok Sabha.
The gross non-performing asset (PSBs) stood at Rs 3.16 lakh crore as of September 30, which is 3.09 per cent of the ...