Birdwatch Note Rating
2024-04-24 10:21:51 UTC - HELPFUL
Rated by Participant: 8EF8F1ECBA2922403526114D2E042DB2A73BA6453E5AB7D9DDDBE1ECE12DB0DC
Participant Details
Original Note:
16 Lakh crore of loans have not been waived but written off, which is an accounting process, and the recovery process continues. Nearly half loan is non-industry and more than Rs 10 Lakh Crores have been recovered in the last 10 years. https://moneyview.in/loan-insights/difference-between-write-off-and-waive-off https://www.thehindubusinessline.com/money-and-banking/banks-recovered-over-10-lakh-crore-dues-in-9-years/article67122760.ece https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-write-off-rs-14-56-lakh-crore-npas-in-last-nine-financial-years/articleshow/102503282.cms?from=mdr
All Note Details