Public Sector Banks write off Rs 29,000 crore in Q3FY23

  • February 14, 2023
  • Public Sector Banks (PSBs) write off Rs 29,000 crore in Q3FY23 as part of a clean-up exercise.
  • According to estimates by rating agency CARE Ratings, the write-offs by PSBs in April-December 2022, were lower than the Rs 90,000 crore in April-December 2021.
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