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August 14, 2025 IST 00:43:19

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1 day ago

Duration: 0h 2m 21s

PSU banks write off loans over Rs 5.82 lakh cr in last 5 years

Public sector banks (PSBs) have written off bad loans of about Rs 5.82 lakh crore in the last five financial years, Parliament was informed on Tuesday. During 2024-25, the loan write-off of PSBs was at Rs 91,260 crore, compared to Rs 1.15 lakh crore in the previous fiscal, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Rajya Sabha.

Uploaded by: Rediff Video Desk on Tue, 12 Aug 2025 23:21:22 +0530

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