Parliament Question: Loans waived off in Dadra and Nagar Haveli

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES LOK SABHA UNSTARRED QUESTION NO- 1251 ANSWERED ON MONDAY, 27 JULY, 2026/SHRAVANA 5, 1948 (SAKA) Loans waived off in Dadra and Nagar Haveli †1251. SMT. DELKAR KALABEN MOHANBHAI: Will the Minister of FINANCE be pleased to state:- (a) whether the Government has any record of total loans waived or written off in respect of corporates and farmers in various States of the country during the last two years and the current financial year; (b) if so, the details thereof, State-wise; (c) the details of such loan waivers/loans written off separately for corporates and farmers in the Union Territory of Dadra and Nagar Haveli; (d) whether the Government has made any comparative assessment of the impact of debt relief given to farmers vis-à-vis corporate debt write-offs in the context of public finance and economic equity; and (e) if so, the details thereof? ANSWER THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PANKAJ CHAUDHARY) (a) to (c): The Reserve Bank of India (RBI) has apprised that the State/Union Territory (UT) - wise and sector-wise details regarding total loans waived off or written off in respect of corporates and farmers is not maintained by it. However, year-wise and category-wise details of loans written-off by Public Sector Banks, Private Sector Banks, Foreign Banks and Small Finance Banks, for domestic operations, for categories Large (Industries & Services) and Agriculture & Allied Activities, during the last two financial years (FY), are at Annex. (d) and (e): Debt write-off is an accounting procedure and does not provide any relief to the debtor (whether farmer or corporate). As per RBI - Resolution of Stressed Assets Directions 2025, issued for commercial banks, write-off (a major portion of which is due to technical/prudential/advances under collection) is an accounting procedure undertaken by a bank to cleanse the balance sheets of bad debts which are either considered unrecoverable or whose recovery is likely to consume disproportionate resources of the lenders. Such write-off does not result in waiver of liabilities of borrowers and therefore, it does not benefit the borrower. The borrowers continue to be liable for repayment and banks continue to pursue recovery actions initiated in these accounts. *****Annex Lok Sabha Unstarred question no. †1251, regarding Loans waived off in Dadra and Nagar Haveli Category-wise details of written-off loans (Amounts in crore Rs.) Written-off loans Category – Large - Industries & Category – Agriculture & Allied Bank Group Services Activities FY 2024-25 FY 2025-26 FY 2024-25 FY 2025-26 Public Sector Banks 39,675 15,213 13,017 19,418 Private Sector Banks 6,822 4,345 6,710 11,778 Small Finance Banks 198 271 2,140 2,366 Foreign Banks 873 656 14 42 Source: RBI, domestic operations (*provisional data for FY 2025-26) *****