Shortfall in NPAs for PSBs due to write-off at Rs 1,31,894 crore in FY21: RTI – Times of India

MUMBAI: The shortfall in non-performing assets (NPAs) due to write-offs for public sector banks (PSBs) stood at Rs 1,31,894 crore during the financial year 2020-21, according to a right to Information reaction.
RTI query Nagpur based. was filed by Sanjay Thuli Seeking information about Non-Performing Assets (NPAs) of Public Sector Banks and loans written off by PSBs in the last ten years Reserve Bank of India (RBI).
‘decrease in NPA – The write-off for PSBs for 2020-21 stood at Rs 1,31,894 crore, RBI said in its reply to the RTI.
In FY2019-20, this number stood at Rs 1,75,877 crore, RBI said in its reply to the RTI.

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