Banks Lost Rs 2.85 Lakh Cr Due To Bad Loans Of 13 Firms; SBI #1 At Rs 34,000 Crore Loss
It was resolved at Rs 1,61,820 crore resulting in a loss of Rs 2,84,980 crore.
Public sector banks have lost nearly Rs 2.85 lakh crore owing to loan dues of 13 corporates.
How It Happened
The losses rained down even though banks…
