SBI wrote off bad loans worth over Rs 20,000 crore .😅😅
Out of expectations:-
The data pertains to the period when the associate banks of State Bank of India were not merged with it.
Public sector banks' write-off stood at Rs 27,231 crore in 2012-13, government data showed.
The figure has jumped nearly three-fold in five years.
In 2013-14, the state-owned banks wrote off bad loans worth Rs 34,409 crore; Rs 49,018 crore in 2014-15; Rs 57,585 crore in 2015-16 and hitting Rs 81,683 in the fiscal ended March 2017.
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STOPPost Farm - Part of a group of accounts posting plagiarism in an effort to get random upvotes from @hr1 & @grandpawhale
!cheetah ban