Write off bank loans

Industry Insights
1

Sir, some people say, write off of bank loans from the books of banks, makes the loan recovery process slow. Is it true?

2

I don’t think so, it is just banks have written them off from books but still the borrowers are liable to pay and banks will continue to do what they can to recover them.

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3

@Siva_kumar4, please go thro Finshots dated 4 may for a write up reg this

4

Appreciate if you can give that link here.

5

link here:

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