Loan Defaults

Banks wrote off loans worth Rs 10.6 lakh crore in past five years: Finance Ministry

More than half of the amount involved borrowings by large industrial houses, the Centre said.

Scroll Staff
· Dec 05, 2023 · 01:21 pm
Bank of Baroda withdraws auction notice for BJP MP Sunny Deol’s Mumbai house within 24 hours

After criticism, the public sector bank issued a clarification saying that the BJP MP has offered to settle dues.

Scroll Staff
· Aug 21, 2023 · 11:28 am
RBI’s ‘freebies’ for wilful defaulters makes a mockery of the banking system

Recent loan write-off amounts exceeded the funds shortfall to replace old railway tracks and spending on three social sectors.

Anirban Bhattacharya
&
Pranay Raj
· Jun 26, 2023 · 07:30 am

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