Psu Banks Loan Write-off
Banks likely to take more loan write-offs due to weak recovery prospects
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
 "Banks likely to take more loan write-offs due to weak recovery prospects")
Updated On : 18 Dec 2019 | 3:15 AM IST
Indian banks' NPA write-offs to continue amid low recoveries: Fitch Ratings
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
 "Indian banks' NPA write-offs to continue amid low recoveries: Fitch Ratings")
Updated On : 05 Dec 2019 | 11:59 PM IST
PSU banks take action against 5,954 wilful defaulters to recover Rs 70K cr
Total outstanding loans soared to Rs 92,376 cr by the end of FY17
 "PSU banks take action against 5,954 wilful defaulters to recover Rs 70K cr")
Updated On : 27 Aug 2017 | 1:08 PM IST
PSU banks wrote off Rs 2.49 lakh cr of loans in 5 years: Finance ministry
The gross NPA of public sector banks was 12.47 per cent of gross advances as on March 31, 2017
 "PSU banks wrote off Rs 2.49 lakh cr of loans in 5 years: Finance ministry")
Updated On : 07 Aug 2017 | 11:45 PM IST
