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Friday, June 15, 2018

Bad loan write-offs by PSBs surge 140% over their losses in 2017-18

SBI alone has written off bad loans of Rs 40,196 crore, nearly 25 per cent of the total write-offs during 2017-18. This was followed by Canara Bank (Rs 8,310 crore), Punjab National Bank (Rs 7,407 crore) and Bank of Baroda (Rs 4,948 crore).

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2lcHUfp

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