'Reduction in NPA - due to write-off' for PSBs for 2020-21 stood at Rs 1,31,894 crore, the RBI said in ..
In FY2019-20, the number stood at Rs 1,75,877 crore, the RBI said in the RTI reply.
Some argue NPA does not mean 'waiver'.Technically Ok.But how much NPAs got realised? Some earlier RTI replies gave disappointing figures with regard to realisation.
Write off does not mean loans are forgiven, legal actions for recovery continues.It is just an accounting matter in financial statements.But sadly, nobody understands this and continue to create ruckus about it every year.
No comments:
Post a Comment