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 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

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

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First Published: Apr 28 2020 | 11:21 PM IST

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