Banks Wrote Off Rs10.09 Lakh Crore Bad Loan from FY18 to FY22 While Govt Infused Rs2.76 Lakh Crore in PSBs
All scheduled commercial banks (SCBs) wrote off Rs10.09 lakh crore during the past five financial years, from FY17-18 to FY21-22, while during the same period, the Union government has infused Rs2.76 lakh crore to recapitalise public sector banks (PSBs), the Lok Sabha was informed.