Indian banks written off Rs 2,38,000 Crores in 2020 : RBI

Share via India’s financial sector should brace for challenging times ahead with an increased risk of deterioration in asset quality and lower demand for loans, the Reserve Bank of India (RBI) warns in a report on Tuesday.   The RBI report also said Indian banks had written-off loans worth 2.38 trillion rupees ($32.46 billion) in … Continue reading Indian banks written off Rs 2,38,000 Crores in 2020 : RBI