![PSBs’ net loans write-off dips to ₹84,000 cr in FY23: FinMin](https://images.assettype.com/fortuneindia%2F2021-12%2Fe6ded803-f8f9-410f-a634-e03ebc2555fc%2FNPA.jpg?rect=0,24,3228,1614&w=300&q=95)
PSBs’ net loans write-off dips to ₹84,000 cr in FY23: FinMin
Net write-off loans by private sector banks was ₹73,803 crore in FY 2022-23
Net write-off loans by private sector banks was ₹73,803 crore in FY 2022-23
Opposition parties claim a provision of the bill grants censorship powers to the state.
Ministry says economic activity is holding up "better than expected" and a sustained growth momentum seen across high-frequency indicators
RBI had observed digital currencies “will have a de-stabilising effect on the monetary and fiscal stability of a country”, due to their volatility, the FM said.
The IBC bill aims to introduce provisions for cross-border insolvency, and change the corporate insolvency resolution process and liquidation process.