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A comprehensive breakdown of the Finance Ministry’s disclosures in Parliament: massive loan write-offs by Public Sector Banks, improving capital positions without government infusion, rising digital fraud cases, and the scale of export credit disbursement over the past five years
Banking

PSU banks write off loans worth Rs.6.15 lakh crore in the...

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Loan write-offs, cyber frauds, export credit: Govt shares key banking data in LS Public sector banks have written off loans worth Rs.6.15 lakh crore in the...
Presenting the figures of the last five years in Parliament, Sitharaman has told that the loans stuck in the banks for the last five years have been transferred to the write-off account as per the RBI guidelines
Finance

Indian Banks wrote off loans amounting to Rs.10.09 lakh crores in...

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SBI wrote off the highest amount of bad loans in 2021-22 India’s banks have written off loans amounting to over Rs.10.09 lakh crore in the...

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