Birdwatch Note Rating
2024-04-30 04:07:56 UTC - NOT_HELPFUL
Rated by Participant: 9E70EDFB0E0C470AE648C07BEC596852DAEAB2B682659EE8E9FCB385962C1049
Participant Details
Original Note:
Banks have written off Rs 5.52 lakh crore was in respect of loans pertaining to large industries, according to the Indian Government. Though a write-off is not a waiver, the author raises the point of questionable lending practices by Indian Banks. https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-write-off-rs-10-57-lakh-crore-in-five-years-make-npa-recovery-worth-rs-7-17-lakh-crore/articleshow/105757525.cms
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