Over 2 lakhs crores written off by ba ks

Rs.2,09,144 lakh crore loans written off by banks in just 1 year.

Over 2 lakh crore. Let that sink in

But that's not all

Remember how the previous govt used to be criticised for NPAs? Well, NPAs are now cleverly reduced in books by writing off bad debts.

Ultimately you and me will pay through higher taxes. more  

View all 15 comments Below 15 comments
People prefer lower costs owing to the economic competitiveness and challenges pertaining to extreme environment. The markets in Asia-Pacific is witnessing high growth and are projected to grow further. High economic growth rate, rising demand for sanitation and fresh water, increasing urbanisation and improving standard of living in developing economies contribute in raising demand for low cost loans (that can be paid back under flexible and easier terms and conditions) if raising capital otherwise becomes difficult. Cost is the deciding factor - for example in decarbonization drive, `green hydrogen' may be preferred if the `blue hydrogen' is not cost-effective. more  
I support.. Support Indian National Democratic Inclusive Alliance. What about you?. Mr.SHINE.A. Kerala. Mr.SHINE KADANATTU AYYAPPAN On Tue, Jul 25, 2023, 11:48 Ruchika L Maheshwari < support@localcirclesmail.com> wrote: > more  
so why not all pay their individual credit card loans, home loans, automobile ( commerciial and personal) loan, personal loans, Business Loans , farmer loans, sundary expenses loans . fmcg loans , mortgage loans IN TIME . .......IF NOT THEN PAY HIGHER TAXES more  
A following SMS message, received by me on my mobile registered with the bank, is an example of inefficiency, no accountably and high handedness in SBI working-“ From: BZ-CBSSBI, To:+91XXXXXX3317, Sent: 24/7/2023, 4:37 Dear Customer, STOP has been placed on your Acc XXXXX250622 for the reason Other Reason Part. .-SBI” There was no prior enquiry or notice or a reason given to put STOP against my account. more  
VERY TRUE AND ONE MORE QUESTION THAT WHY THESE MPS/MLAS ARE NOT PAYING TAX ? more  
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