The counters in the banking hall of the state-owned Punjab National Bank. (Photographer: Sondeep Shankar/Bloomberg News.)

Public Sector Banks Write Off A Fourth Of Their Bad Loans In FY19

Public sector banks have written off bad loans worth Rs 1.94 lakh crore in the year ended March 2019, according to data compiled by BloombergQuint.Such write-offs, referred to by banks as technical...

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