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Wednesday, February 20, 2019

Bad loans: 19 PSBs write off nearly Rs 41,000 crore in Q3

Vijaya Bank saw the steepest increase in write-offs — 243 times y-o-y to Rs 487 crore in Q3FY19. This was followed by IDBI Bank, which saw a 4,783% y-o-y rise in write-offs to Rs 562 crore in Q3FY19.

from The Financial ExpressBanking & Finance – The Financial Express http://bit.ly/2ttAMza

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