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loan write-off meaning

PSBs write off Rs 55,356 crore in first half of FY18 to clean balance sheet

PSBs write off Rs 55,356 crore in first half of FY18 to clean balance sheet

Mon, Dec 04, 2017

As PSBs loan write-off increased by nearly 54% in the first six months of fiscal FY18, it may reach by Rs 1 lakh crore by end of the financial year if the trend continues.

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