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Economy

88 defaulters cost public sector banks Rs 1.07 lakh crore, reveals RTI query

Updated : October 10, 2019 10:17 AM IST

The reply from the RBI maintained that complete data and the year-wise break up of writing off loans to the tune of Rs 500 crore and more was not available.
The central bank had then conceded before the court that it does not have information about loan accounts, involving Rs 500 crore or more, which were restructured before June 2014.

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