Current Affairs · Banking and Finance
In August 2025, regarding loan write-offs by Public Sector Banks (PSBs) in the last five financial years, which statements are accurate? 1. PSBs wrote off bad loans of approximately Rs 5.82 lakh crore in the last five financial years. 2. The highest loan write-off of Rs 1.33 lakh crore was in 2020-21. 3. PSBs have recovered over Rs 3.5 lakh crore from write-off amounts in the last five years.
- 1Both 2 and 3
- 2Only 2
- 3Both 1 and 2✓
- 4Only 3
Correct answer
Both 1 and 2
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