Indian banks have written off Rs 68,607 crore of debt of top 50 willful defaulters till September 30, 2019, said the Reserve Bank of India (RBI) in response to a
Over Rs 68,600-crore loans of wilful defaulters written off, says RBI
The write-offs are technical or prudential in nature, which means the banks have made 100 per cent provisions against the loans
 "RBI")
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RBI maintains records of loans above Rs 5 crore given by banks, both fund and non-fund based, in its Central Repository of Information on Large Credits (CRILC) database
First Published: Apr 28 2020 | 11:21 PM IST
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