SBI wrote off bad loans worth over â¹20,000 crore last fiscal
India's largest lender SBI wrote off bad loans worth â¹20,339 crore in 2016-17, the highest among all the state-owned banks. The data pertains to the period when the associate banks of SBI and Bharatiya Mahila Bank were not merged with it. All the public sector banks wrote off â¹81,683 crore during the fiscal, a three-fold jump in 5 years.