NDTVJan 10Loans Worth ₹ 10.09 Lakh Crore Written Off By Banks: Finance MinisterAccording to Reserve Bank of India (RBI) data, public sector banks have recovered ₹ 4,80,111 crore, including ₹ 1,03,045 crore from written-off loans, during the last five financial years, Finance Minister Nirmala Sitharaman said. Scheduled commercial banks have written off loans amounting to ₹ 10,09,511 crore in the last five financial years and the process of recovery of dues from the borrowers continues, Union Finance Minister Nirmala Sitharaman informed the Lok Sabha on Monday.Read more at NDTV
According to Reserve Bank of India (RBI) data, public sector banks have recovered ₹ 4,80,111 crore, including ₹ 1,03,045 crore from written-off loans, during the last five financial years, Finance Minister Nirmala Sitharaman said. Scheduled commercial banks have written off loans amounting to ₹ 10,09,511 crore in the last five financial years and the process of recovery of dues from the borrowers continues, Union Finance Minister Nirmala Sitharaman informed the Lok Sabha on Monday.Read more at NDTV
