“Over Rs 12 Lakh Crore Loans Wiped Off in 10 Years, 50% by PSU Banks in Recent Years”

MUMBAI: Commercial banks in India wrote off loans amounting to Rs 12.3 lakh crore between FY15 and FY24, with public sector banks (PSBs) contributing 53% of this total, or Rs 6.5 lakh crore, in the last five years (FY20-24), as…