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Economy

NPAs continue to bite: Banks have lost Rs 1.76 lakh crore in the last three years

Updated : October 10, 2019 10:18 AM IST

The RTI replies demonstrate a constant surge in the amount written off by the scheduled commercial banks, which include public sector banks and private banks in the country, since 2014-15.
While banks claim that the recovery measures continue even after write-offs, sources say not more than 15-20 per cent is recovered.
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