Loan write-offs occur when banks label a loan as unrecoverable, removing it from their balance sheets.
Indian banks wrote off loans worth nearly ₹1.7 lakh crore in FY24. Here's a list of the top 7 Indian banks with the amount they wrote off in FY24.
₹8,346 crore
₹8,734 crore
₹9,897 crore
₹11,030 crore
₹11,827 crore
₹16,161 crore
₹18,264 crore
₹18,317 crore
Thanks for reading!
See next