Mumbai: Loan write-offs by public sector banks declined to multi-year lows in the fiscal year 2025-26 on the back of lower slippages and better recoveries.
As per an analysis of bank earnings by PTI, most banks including Bank of Baroda, Union Bank of India, Punjab National Bank, Central Bank of India, Indian Overseas Bank, and Indian Bank had write-offs which were the lowest in up to eight years.
