The finance minister said that India's household debt-to-GDP ratio was far lower compared to its peer group and some advanced economies ...

Finance Minister Nirmala Sitharaman said in a reply in the Lok Sabha. Such write-offs do not result in waiver of liabilities of borrowers and therefore, it does not benefit the borrower, she said.

Insolvency related matters account for lion’s share of backlog of NCLT cases with number of pending cases at 12,351 as of ...

The highest amount of Rs 2,36,265 crore was written off during FY2018-19 while during 2023-24, banks wrote off bad loans of ...

Banks have written off Rs 16.35 lakh crore in NPAs over the past decade, with the highest in FY 2018-19 at Rs 2,36,265 crore ...

In her written response in the Lok Sabha, Finance Minister Nirmala Sitharaman clarified that writing off bad loans does not ...

Banks have written off non-performing assets (NPAs) or bad loans worth about Rs 16.35 lakh crore in last 10 financial years, ...

Banks have written off non-performing assets (NPAs) or bad loans worth about Rs 16.35 lakh crore in last 10 financial years, ...

Banks have written off bad loans worth around Rs 16.35 lakh crore over the past decade, with the highest write-off of Rs 2.36 ...

Indian banks wrote off Rs 16.35 lakh crore in bad loans over the past 10 years, with the highest amount written off in FY19.