PSU banks recover 14 pc of written-off loans in last 5 years: Nirmala Sitharaman

29 Mar 2023, 02:20 · Views 3,960

Public sector banks could recover only 14 per cent of the written-off loans worth Rs 7.34 lakh crore in the last five years ending March 2022, Parliament was informed on Tuesday. Of Rs 7.34 lakh crore written-off loans, state-owned lenders recovered Rs 1.03 lakh crore, Finance Minister Nirmala Sitharaman said in a written reply to the Rajya Sabha.

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