Banks Lost Rs 1.76 lakh Crore to 416 Loan Defaulters in 3 Years, Big Hike in Write Offs Seen After Demonetisation
The RTI replies demonstrate a constant surge in the amount written off by public sector banks and private banks in the country since 2014-15. Between 2015 and 2018, a total of Rs 2.17 lakh crore were written off as bad debts.