Public Sector Banks recover ₹2.27 lakh crore in written-off loans: FM Sitharaman

By  News On Air   Mar 18, 2025

Union Finance Minister Nirmala Sitharaman has said that Public Sector Banks have made the recovery of written-off loans worth over two lakh 27 thousand crore rupees.

Replying in the Rajya Sabha today, the Finance Minister said, the recovery of written-off loans by the Public Sector Banks has gone up to the level of over 35 thousand crore rupees in the year 2022-23.

She stressed that defaulters do not escape from the consequences and that recovery of loans is an ongoing process.