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Loans Written-Off by Public Sector Banks, Check Bank Wise Amount
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Public Sector Banks (PSBs) in India have written off massive amounts of loans over the years to clean up their balance sheets and manage the rising burden of non-performing assets (NPAs). Writing off a loan does not mean that the bank has waived the amount; rather, it is an accounting exercise to reduce bad loans from their books.
Details of NPAs written-off by Public Sector Banks
(Amounts in crore Rs.)
| Bank | FY2020-21 | FY2021-22 | FY2022-23 | FY2023-24 | FY2024-25# |
| Bank of Baroda | 14,782 | 17,967 | 17,998 | 10,518 | 8,796 |
| Bank of India | 8,815 | 10,443 | 8,694 | 9,897 | 7,959 |
| Bank of Maharashtra | 4,931 | 3,118 | 1,491 | 990 | 796 |
| Canara Bank | 9,132 | 8,422 | 12,760 | 11,827 | 14,350 |
| Central Bank of India | 5,992 | 1,236 | 10,258 | 10,001 | 3,370 |
| Indian Bank | 8,371 | 8,347 | 7,952 | 8,734 | 4,916 |
| Indian Overseas Bank | 4,618 | 3,769 | 3,412 | 7,179 | 3,885 |
| Punjab and Sind Bank | 71 | 1,134 | 2,283 | 796 | 1,521 |
| Punjab National Bank | 15,877 | 18,312 | 16,578 | 18,317 | 12,159 |
| State Bank of India | 34,402 | 19,666 | 24,061 | 16,161 | 20,309 |
| UCO Bank | 9,410 | 3,851 | 2,575 | 1,938 | 1,566 |
| Union Bank of India | 16,983 | 19,484 | 19,175 | 18,264 | 11,634 |
Details of NPAs written-off by PSBs for category ‘Agriculture and Allied Activities’
(Amounts in crore Rs.)
| Bank | FY2020-21 | FY2021-22 | FY2022-23 | FY2023-24 | FY2024-25# |
| Bank of Baroda | 108 | 446 | 1,139 | 3,056 | 671 |
| Bank of India | 643 | 571 | 866 | 17 | 1,270 |
| Bank of Maharashtra | 178 | 599 | 597 | 161 | 288 |
| Canara Bank | 968 | 278 | 2,525 | 351 | 610 |
| Central Bank of India | 199 | 212 | 1,273 | 1,866 | 135 |
| Indian Bank | 635 | 177 | 688 | 1,486 | 1,458 |
| Indian Overseas Bank | 293 | 219 | 372 | 692 | 303 |
| Punjab and Sind Bank | 71 | 84 | 48 | – | 0 |
| Punjab National Bank | 10 | 342 | 1,478 | 2,166 | 1,558 |
| State Bank of India | 3,581 | 2,749 | 4,777 | 4,575 | 4,174 |
| UCO Bank | 497 | 661 | 478 | 282 | 187 |
| Union Bank of India | 3,726 | 2,366 | 1,310 | 4,250 | 2,364 |