Loan Write Offs

Loan write-offs by banks decline to 13% of gross NPAs in FY17 from 25% in FY11: RBI data

Mounting NPA has become a big problem for the banking sector. Lenders use write-offs as one of the tools to bring down bad debt on their books by making 100 percent provision

SBI wrote off bad loans worth Rs 20,339 crore in 2016-17, highest among all public sector banks

SBI wrote off bad loans worth Rs 20,339 crore in 2016-17, highest among all public sector banks, which had a collective write off of Rs 81,683 crore

Reliance Communications' debt resolution: No write-off by lenders needed, says company

Reliance Communications will pay off up to Rs 17,000 crore of its debt, out of the proceeds of monetisation of spectrum, towers and fiber and MCN (Media Convergence Nodes) assets