Banks write-off Rs 1.15 lakh crore in 9 months of FY21: Anurag Singh Thakur

Banks evaluate the impact of write-offs as part of their regular exercise to clean up their balance-sheet, avail tax benefit and optimise capital in accordance with RBI guidelines and policy approved by their boards, he said.

from Banking/Finance-Industry-Economic Times https://ift.tt/3emk2CG