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Podcast: In Focus by The Hindu
Episode: Why banks write off big loans
Description: In the last ten years, Indian banks have written off loans worth about ₹10 lakh crore. This helped the banks reduce their NPAs by 50%. But tellingly, they were able to recover only 13% of the loans written off – a very poor rate that raises many questions, for it is generally not easy to get a loan from a bank, and banks have many options for recovering loans.Another interesting aspect of the write-offs is that the bulk of the NPAs were from big corporate borrowers, with the NPA rates among smaller borrowers such as microenterprises being much lower. So, why...