VERIFIEDET Finance·15 May 2026positive

Better recoveries, low slippages pull down PSU banks write-offs to multi-year lows in FY26

AI Summary

·Public sector banks in India experienced a decrease in loan write-offs to multi-year lows in FY26.
·This improvement is due to a reduction in new non-performing assets and enhanced recovery of existing bad loans.
·Banks such as Bank of Baroda and Punjab National Bank recorded their lowest write-off figures in recent years.