Public Sector Banks Write Off ₹6.15 Lakh Crore; Parliament Reply on Bad Loans and Capital Position Draws Union Response Read More: thekanal.in/en-IN/details/pu… Public Sector Banks have written off ₹6.15 lakh crore, adding no capital infusion since FY22-23. Unions say large-value write-offs raise questions on provisioning and NPA reduction methods. Report by @KalyaniMal21919 #PSBWriteOffs #LoanWriteOffs #NPA #ParliamentReply #CapitalInfusion #BadLoans @DFS_India @FinMinIndia @DevidasTul23568 @kmarkri @iNitinTyagi

Bank Loan Write-offs: A Comparison - 600% Jump 2015 - 2019: INR 7,95,649 2019 - 2020: INR 1,57,096 2020 - 2021: INR 2,02,781 2021 - 2022: INR 1,74,966 2022 - 2023: INR 2,09,144 TOTAL WRITE OFFS 2015 - 2023: INR 15,39,636 TOTAL WRITE OFFS 2004 - 2014: INR 2,20,328 2,20,328 Break Up: 1,58,994 (PSB), 41,391 (Pvt.), 19,945 (Foreign), 0 (Scheduled) A very insignificant, negligible & trivial jump of close to 7 times. #LoanWriteOffs #BankLoanWriteOffs #NonCollectible #BadDebts #PSBLoanWriteOffs #7TimesJumpLoanWriteOffs #BankPerformance #MMSComparison #IndianBanks #BankingSector #FinanceMinistry #FinanceMinister #LoanWrittenOff #PSBWriteOffs #PChidambaram #NSitharaman