What’s loan write-off and exactly how it will help banking institutions

What’s loan write-off and exactly how it will help banking institutions

The 21 PSU banking institutions have actually written down about 166 % loans since 2014 than whatever they did in the earlier a decade. Is that loan write-off good or bad for banking institutions?

HIGHLIGHTS

The Narendra Modi federal federal federal government happens to be under constant critique through the Opposition parties for composing down loans that are bad. The RBI data reveal that loans of Rs 3.16 lakh crore have already been written down between April 2014 and March 2018. 继续阅读“What’s loan write-off and exactly how it will help banking institutions”