by Not Zero | 11:18 pm

All scheduled commercial banks (SCBs) wrote off Rs 2,25,180 crore cumulatively in the 5-year period ended March 2016, the RBI said in an RTI reply. SCBs represent all PSBs, private sector banks, foreign banks, RRBs and some co-operative banks. These represent over 95% of the formal credit given out by all financial institutions in the country.
-Economic Times

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