The 21 PSU banking institutions have written down about 166 % loans since 2014 than whatever they did in the earlier a decade. Is financing write-off bad or good for banking institutions?
The Narendra Modi federal federal government is under constant critique through the Opposition parties for composing down loans that are bad. The RBI data reveal that loans of Rs 3.16 lakh crore have now been written down between April 2014 and March 2018. The figure is 166 percent for the loans written down by all 21 general public sector banking institutions (PSUs) into the decade as much as 2014. 继续阅读