{"id":152404,"date":"2023-07-26T13:06:14","date_gmt":"2023-07-26T07:36:14","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=152404"},"modified":"2023-07-26T13:06:15","modified_gmt":"2023-07-26T07:36:15","slug":"banks-write-off-bad-loans-worth-rs-2-09-lakh-crore-in-2022-23-rbi","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/banks-write-off-bad-loans-worth-rs-2-09-lakh-crore-in-2022-23-rbi\/","title":{"rendered":"Banks write off bad loans worth Rs 2.09 lakh crore in 2022-23: RBI"},"content":{"rendered":"\n<p><strong>Banks write off bad loans worth Rs 2.09 lakh crore in 2022-23:<\/strong> According to the\u00a0RBI\u2019s\u00a0data during the financial year 2022-23, banks wrote off\u00a0bad loans amounting to over Rs 2.09 lakh crore,\u00a0contributing to a total loan write-off of Rs\u00a010.57 lakh crore by the banking sector\u00a0over the past five years.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.gkseries.com\/blog\/daily-current-affairs-and-quiz\/\" target=\"_blank\" rel=\"noreferrer noopener\">Daily Current Affairs Quiz: July 2023<\/a><\/p>\n\n\n\n<p>This loan write-off to bring down gross non-performing assets or defaulted loans to a&nbsp;10-year low of 3.9 percent&nbsp;of advances by March 2023<\/p>\n\n\n\n<p>According to RBI, banks have written off a total of Rs&nbsp;15,31,453 crore since FY2012-13.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banks write off bad loans worth Rs 2.09 lakh crore in 2022-23: According to the\u00a0RBI\u2019s\u00a0data during the financial year 2022-23, banks wrote off\u00a0bad loans amounting to over Rs 2.09 lakh crore,\u00a0contributing to a total loan write-off of Rs\u00a010.57 lakh crore by the banking sector\u00a0over the past five years. Daily Current Affairs Quiz: July 2023 This [&hellip;]<\/p>\n","protected":false},"author":894,"featured_media":152406,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[5133],"tags":[74],"class_list":["post-152404","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-july-2023","tag-bank-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/152404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=152404"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/152404\/revisions"}],"predecessor-version":[{"id":152407,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/152404\/revisions\/152407"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/152406"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=152404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=152404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=152404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}