Rs 12 lakh crore loans written off in 10 years, half of it by PSU banks in last 5 years – Times of India
MUMBAI: Loans written off by commercial banks between FY15 and FY24 totalled Rs 12.3 lakh crore. Of this, 53% or Rs 6.5 lakh crore of the write-offs were by public sector banks in the last five years (FY20-24), according to data provided by govt in response to Parliament queries.The loan write-offs by the banking sector…