The story of loans in India

The story of loans in India

Since 2014, Loans Over Rs 3 Lakh Cr Written Off, Seven Times More Than The Recovery In Public Sector Banks: RBI Data As per data from the Reserve Bank of India, 21 state-owned banks wrote off Rs 3,16,500 crore worth of loans. And for the same period, they are said to have recovered Rs 44,900 crore written off on a cumulative basis, which is less than one-seventh of the write-off amount, as reported by The Indian Express





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