Banks write off Rs 9.95 lakh crore corporate, services loans in 12 years: Govt

Telangana Today · Published 1h ago

Banks wrote off nearly Rs 9.95 lakh crore in loans to large corporates and services over 12 financial years, Parliament was informed. The government said write-offs do not waive borrower liabilities, while recoveries continue. Fiscal and external debt indicators remain stable

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