Public sector banks write off 38 accounts worth Rs 8,033 crore

Public sector banks (PSBs) have written off 38 accounts of Rs 100 crore and above each amounting to Rs 8,033 crore during the first nine months of the current financial year. For FY15, banks had written off 47 such accounts, totalling Rs 13,018 crore, Minister of State for Finance Jayant Sinha said in a written reply in the Rajya Sabha.