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

Name: PSU banks write off loans over Rs 5.82 lakh cr in last 5 years
Uploaded: Tue, 12 Aug 2025 23:21:22 +0530
Channel: Rediff Video Desk
Description: 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.

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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