Rs 1.14 lakh crore of bad debts: The great government bank write-off

Last Modified: Tue Feb 09 2016 08:12:54 GMT+0530 (India Standard Time)
  • Rs 1.14 lakh crore
    of bad debts written off between financial years 2013 and 2015, much more than in the preceding nine years.
  • 29
    state-owned banks involved in the write-offs
  • 4%
    rise in bad loans between 2004 and 2012.
  • 60%
    rise in bad loans between 2013 and 2015.
  • 85%
    of the bad loans since 2013 were written off in a single year - in financial year ending March 2015