Public sector banks (PSBs) have written off bad loans of about Rs 5.82 lakh crore in the last five financial years, Parliament was informed on Tuesday. During 2024-25, the loan write-off of PSBs was ...
Regional bank stocks slumped on Thursday after Zions Bancorp said it would write off loans to two borrowers it accused of fraud. Zions' write-off added to mounting concerns about lax lending standards ...