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Banks have written off bad loans worth Rs 14.56 lakh crore in the last nine financial years starting 2014-15.Out of the total Rs 14,56,226 crore, written-off loans of large industries and services stood at Rs 7,40,968 crore. Scheduled Commercial Banks (SCBs) have recovered an aggregate amount of Rs 2,04,668 crore in written-off loans, including corporate loans, since April 2014 and up to March 2023. Loans written-off during the financial year, net of recovery in written-off loans during the financial year (net write-off) in public sector banks (PSBs) was Rs 1.18 lakh crore in the financial year (FY) 2017-18, which has declined to 0.91 lakh crore in FY 2021-22 and to Rs 0.84 lakh crore (RBI provisional data) in FY 2022-23. Net write-off loans by private sector banks stood at Rs 73,803 crore (RBI provisional data) in FY 2022-23. Net write-off as a percentage of opening gross loans and advances in private sector banks was 1.25 per cent and 1.57 percent in FY 2017-18 and FY 2022-23 respectively, and it was 2 percent and 1.12 per cent for PSBs during the same period.
In Uttar Pradesh, King George Medical College was established in 1911 in?
SEBI has given a nod to launch an IPO to which Small finance bank that is first to have begun operations as an SFB?
In which state the World’s first Palm Leaf Manuscript Museum was inaugurated in January 2023?
In the Republic Day Parade, 2023 which state’s tableaux has been adjudged the best one?
Who won the Governor of the year award 2022?
Sunderbans, which was in discussion recently, is the world's ____ largest mangrove forest area, which is located on the delta of Ganga, Brahmaputra an...
_______ state has won the Ayushmann Utkrishta Award for the year 2022 for adding various health care facilities to their health facility register?
Report on Performance Grading Index for States/UTs is released by?
India’s first spy satellite Risat -2 re-enters Earth after 13 years was launched by which of the following space agencies?
In which Indian state is the famous Cuttack Rupa Tarakasi (silver filigree), which recently earned the Geographical Indication (GI) tag, located?