Revealed in RTI:Loan write-off of Rs 7.94 lakh crore in Modi government, three times more than UPA government

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have been written off during the NDA’s 2015-2019 tenure. Due to this, non-performing assets (NPA) of banks have been low during this period. According to the data, not only public sector banks (PSBs) but also private and foreign banks have loaned off.

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Loan Right of Status in UPA Govt.

According to the RTI, during the Congress-led UPA government (2004-2014), PSB loaned off Rs 1,58,994 crore. At the same time, private sector banks loaned off Rs 41,391 crore. During this period, foreign banks loaned off Rs 19,945 crore. However, no scheduled bank took off the loan right during the UPA government.

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