Wednesday, February 21, 2024

bad loans

Banks wrote off bad loans worth Rs. 11L cr: Minister

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 today.The Non-Performing Assets (NPAs), including those in respect of which full provisioning has been made...

Bad loans worth Rs 10,09,511 crore written off: Govt

Bad loans worth Rs 10,09,511 crore have been written off by scheduled commercial banks in the last five fiscals (2017-22), the Parliament was told on Monday.The nation’s largest lender, the State Bank of India (SBI) tops the list of...

SBI Q4 profit jumps 41 pc to Rs 9,114 crore on fall in bad loans

The country’s largest lender SBI on Friday reported a 41 per cent jump in standalone net profit at Rs 9,114 crore for the fourth quarter ended March 2022, helped by decline in bad loans.State Bank of India (SBI) had...