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Bureaucracy

SCBs write off loans worth Rs 10 lakh cr in last 5 years

Scheduled Commercial Banks (SCBs) have written off loans worth about Rs 10 lakh crore in the last five financial years, Minister of State for Finance Bhagwat K Karad informed the Rajya Sabha in a written reply on Tuesday.

By Whispers in the Corridors 1 min read

Scheduled Commercial Banks (SCBs) have written off loans worth about Rs 10 lakh crore in the last five financial years, Minister of State for Finance Bhagwat K Karad informed the Rajya Sabha in a written reply on Tuesday.

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