Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Banks Write Off NPAs Worth ₹16.35 Lakh Cr
Hindustan Times Rajasthan
|March 18, 2025
Banks have written off non-performing assets (NPAs) or bad loans worth about ₹16.35 lakh crore in last 10 financial years, Parliament was informed on Monday.
NEW DELHI:
Highest amount of ₹2,36,265 crore was written off during financial year 2018-19 while NPAs worth ₹58,786 crore were written off in 2014-15, the lowest in the last 10 years.
During 2023-24, banks wrote off bad loans of ₹1,70,270 crore, lower than ₹2,16,324 crore done in the previous financial year.
Banks write off NPAs, including those in respect of which full provisioning has been made on completion of four years, as per the Reserve Bank of India (RBI) guidelines and policy approved by banks' boards, 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.
This story is from the March 18, 2025 edition of Hindustan Times Rajasthan.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Hindustan Times Rajasthan
Hindustan Times Rajasthan
What ails the Bretton Woods institutions
The World Bank and IMF were rooted in the Washington Consensus, which foregrounded economics over politics. An ideological rethink and institutional makeover have become necessary
4 mins
October 29, 2025
Hindustan Times Rajasthan
In Bihar, voters are not fixated on caste alone
Is caste the prism through which the 2025 Bihar assembly polls are to be interpreted?
3 mins
October 29, 2025
Hindustan Times Rajasthan
Whose America is it? In US, Indians face the heat
In the wake of Trump's H-1B visa crackdown, a troubling backlash against the Indian American community is gaining momentum. What began as anonymous grumbling online has now spilled into the open, with racist comments voiced publicly and unapologetically.
4 mins
October 29, 2025
Hindustan Times Rajasthan
Bihar’s caste plus politics
Parties across the political spectrum now prioritise governance and development in their campaigns over identity concerns
4 mins
October 29, 2025
Hindustan Times Rajasthan
Mediation clause can’t block urgent IPR suits, SC rules
When imitation masquerades as innovation, it sows confusion among consumers, taints the marketplace and diminishes faith in the sanctity of trade, the Supreme Court has underlined, ruling that courts cannot insist on pre-litigation mediation in intellectual property infringement cases where the injury is continuing and deception of the public is involved.
2 mins
October 29, 2025
Hindustan Times Rajasthan
INDIA INDUSTRIAL OUTPUT GROWS BY 4% IN SEP, DRIVEN BY MFG SECTOR
Industrial activity, as measured by the Index of Industrial Production (IIP), grew at 4% in September. While technically a three-month low, the September IIP growth number is not very different from what it was in July and August at 4.3% and 4.1% respectively.
1 min
October 29, 2025
Hindustan Times Rajasthan
SC RAPS STATES FOR FAILING TO SUBMIT ABC REPORTS
NEW DELHI: The Supreme Court on Monday came down heavily on states and Union territories (UTs) for failing to submit compliance reports from their animal husbandry departments and local bodies on the implementation of the Animal Birth Control (ABC) Rules, 2023, warning that top bureaucrats would face personal accountability for their inaction in controlling the stray dog menace while safeguarding human and animal welfare.
1 min
October 28, 2025
Hindustan Times Rajasthan
Quest for perfect electoral rolls
EC must guard against the SIR process leading to large-scale disenfranchisement
2 mins
October 28, 2025
Hindustan Times Rajasthan
Jaishankar, Rubio hold talks on Asean sidelines
External affairs minister S Jaishankar on Monday held talks with his US counterpart Marco Rubio amid efforts by the two sides to reset bilateral ties that have come under severe strain over punitive US tariffs on Indian goods.
1 min
October 28, 2025
Hindustan Times Rajasthan
EC announces phase two of SIR across 12 states, UTs
The Election Commission will conduct phase two of the special intensive revision of electoral rolls in 12 states and Union Territories, Chief Election Commissioner Gyanesh Kumar announced on Monday.
2 mins
October 28, 2025
Listen
Translate
Change font size