TOPIC
loan written offs
The Hindu’s deputy editor claims ‘while corporate loans are written off, properties of middle-class defaulters are being auctioned’: Here is what she won’t tell...
Anurag -
In a post on X, Vijaita Singh wrote, "While corporate loans are written off, homes and land of middle-class people who default on loans are attached and auctioned by banks. List of properties to be auctioned by Canara Bank in Bihar."
State-run banks recover Rs 6.4 lakh crore bad loans, and written-off loans since FY15 even as opposition creates confusion between ‘loan waiver’ and ‘loan...
Siddhi -
Provision coverage ratio of the state-run banks has improved to 86. 9% at the end of March 2022 from 46% at the end of March 2015.
