Rs 10.09 Lakh crore loans written off by banks in last five years, not waived off: Nirmala Sitharaman on NPAs
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FM Nirmala Sitharaman said her government was washing the "sins" of the previous UPA regime as it had to repay fuel subsidy they transferred to the future and strengthen the weak bank balance sheets left from 'dial-a-loan' scheme. On NPAs, she said Rs 10.09 lakh crore loans have been written off by banks in the last five years. These have not been waived off and borrowers continue to be liable.