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The Economic Times

Economy / The Economic Times

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Banks write off loans worth Rs 9.75 lakh cr in last 11 years

The write off peaked in FY20 at Rs 1.59 lakh crore, and since then it has been declining to Rs 47,568 crore in FY25. Banks have written off Rs 31,723 crore in FY15, Rs 40,416 crore in FY16, Rs 68,308 crore in FY 17, and Rs 99,132 crore in FY18, he said in a written reply to the Lok Sabha.

16 Mar 2026 6:48 pm