PSU Banks Loan Write-off

Resolution delays coupled with rising provision cover on large legacy bad loans (nearing 90 per cent) could mean that loan write-offs will continue to be high, particularly for state-run banks

The state-owned banks account for a dominant share (around 90 per cent) of impaired loan stock and have cumulatively written-off nearly 30 billion dollars in bad loans over the past three years

Total outstanding loans soared to Rs 92,376 cr by the end of FY17

The gross NPA of public sector banks was 12.47 per cent of gross advances as on March 31, 2017