{"id":13878,"date":"2024-12-16T04:36:00","date_gmt":"2024-12-16T04:36:00","guid":{"rendered":"https:\/\/newsfortnite.com\/index.php\/2024\/12\/16\/rs-12-lakh-crore-loans-written-off-in-10-yrs-half-of-it-by-psu-banks-in-last-5-yrs\/"},"modified":"2024-12-16T04:36:00","modified_gmt":"2024-12-16T04:36:00","slug":"rs-12-lakh-crore-loans-written-off-in-10-yrs-half-of-it-by-psu-banks-in-last-5-yrs","status":"publish","type":"post","link":"https:\/\/newsfortnite.com\/index.php\/2024\/12\/16\/rs-12-lakh-crore-loans-written-off-in-10-yrs-half-of-it-by-psu-banks-in-last-5-yrs\/","title":{"rendered":"Rs 12 lakh crore loans written off in 10 yrs, half of it by PSU banks in last 5 yrs"},"content":{"rendered":"<p>Indian commercial banks wrote off Rs 12.3 lakh crore in loans between FY15 and FY24. Public sector banks accounted for Rs 6.5 lakh crore of write-offs in the last five years. Write-offs peaked in FY19 at Rs 2.4 lakh crore and fell to Rs 1.7 lakh crore in FY24. Banks continue recovery efforts despite write-offs, which do not waive borrower liabilities.<\/p>","protected":false},"excerpt":{"rendered":"<p>Indian commercial banks wrote off Rs 12.3 lakh crore in loans between FY15 and FY24. Public sector banks accounted for Rs 6.5 lakh crore of write-offs in the last five years. Write-offs peaked in FY19 at Rs 2.4 lakh crore and fell to Rs 1.7 lakh crore in FY24. Banks continue recovery efforts despite write-offs,&hellip;&nbsp;<a href=\"https:\/\/newsfortnite.com\/index.php\/2024\/12\/16\/rs-12-lakh-crore-loans-written-off-in-10-yrs-half-of-it-by-psu-banks-in-last-5-yrs\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">Rs 12 lakh crore loans written off in 10 yrs, half of it by PSU banks in last 5 yrs<\/span><\/a><\/p>\n","protected":false},"author":0,"featured_media":13879,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/13878"}],"collection":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/comments?post=13878"}],"version-history":[{"count":0,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/13878\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media\/13879"}],"wp:attachment":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media?parent=13878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/categories?post=13878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/tags?post=13878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}