Banks write off loans worth ₹11.17 lakh crore in last six years

Banks write off loans worth ₹11.17 lakh crore in last six years

“Banks have written off ₹11.17 lakh crore bad loans from their books in the last six years till financial year 2021-22,” Parliament was informed on December 20. The non-performing assets (NPAs), including those in respect of which full provisioning has been made on completion of four years, are removed from the balance sheet of the […]

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12-13% NPAs in street vendors’ loan scheme, says Minister Hardeep Singh Puri

12-13% NPAs in street vendors’ loan scheme, says Minister Hardeep Singh Puri

Svanidhi Mahotsav, a series of cultural events for street vendors and the public, to be rolled out in 75 cities Svanidhi Mahotsav, a series of cultural events for street vendors and the public, to be rolled out in 75 cities Non-performing assets (NPA) accounted for “12-13%” of the loans disbursed to street vendors under the […]

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