Bad loans worth Rs 10 lakh crore written off by banks in last five financial years, says Nirmala Sitharaman

​​The non-performing assets (NPAs), including those in respect of which full provisioning has been made on completion of four years, have been removed from the balance sheet of the bank concerned by way of write-off, said Sitharaman in a reply to Rajya Sabha.

from Banking/Finance-Industry-Economic Times https://ift.tt/r3ByG47