Parliament Question: Total value of loans written off by PSBs

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES RAJYA SABHA UNSTARRED QUESTION NO-401 ANSWERED ON TUESDAY, FEBRUARY 3, 2026/ 14 MAGHA, 1947 (SAKA) TOTAL VALUE OF LOANS WRITTEN OFF BY PSBs 401. SHRI HARIS BEERAN: SMT. PHULO DEVI NETAM: SMT. RANJEET RANJAN: Will the Minister of FINANCE be pleased to state:- (a) the total value of loans written off by Public Sector Banks (PSBs) from Financial Year 2021-22 to Financial Year 2025-26, with PSB- wise and year-wise breakup for the last five years; (b) the details of top 50 largest corporate accounts written off by PSBs during this period, bank- wise; and (c) the value of loans written off and waived specifically for farmers in the same period, PSB-wise and year-wise? ANSWER THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PANKAJ CHAUDHARY) (a): Bank-wise and year-wise details of non-performing assets (NPAs) which have been written-off by Public Sector Banks (PSBs) from Financial Year (FY) 2021-22 to FY 2025-26(till Sept 2025), are at Annex-1. (b): The Reserve Bank of India (RBI) has apprised that information regarding non-performing assets (NPAs) written-off in respect of category ‘corporate accounts’ is not maintained by it. Scheduled Commercial Banks (excluding Regional Rural Banks and Payment Banks) and All India Financial Institutions report certain credit information of all borrowers having aggregate exposure of Rs. 5 crore and above to the Central Repository of Information on Large Credits (CRILC) Bank wise information on ‘Amount technically/prudentially Written Off - Outstanding’ of Top 50 borrowers as reported by Public Sector Banks (PSBs) in Central Repository of Information on Large Credits (CRILC) for the period FY 2021-22 to FY 2025-26 (till December 2025) is given in Annex-2. (c): The Reserve Bank of India (RBI) has apprised that the debt waived off or written off in respect of farmers is not maintained by it. However, the information on write-offs in category ‘Agriculture and Allied Activities’ is collected by RBI. Therefore, the details of loans written-off by PSBs for domestic operations, in category ‘Agriculture and Allied Activities’, from FY 2021-22 to FY 2025- 26(till Sept 2025), are at Annex-3. *****Annex-1 Rajya Sabha Unstarred question no. 401, regarding Total Value of loans written off by PSBs Details of NPAs written off by PSBs from FY 2021-22 to Sep 2025 (During FY-April to Date) (Amounts in crore Rs.) FY FY FY FY 30 Sep# 2025 Bank 2021-22 2022-23 2023-24 2024-25 Bank of Baroda 17,967 17,998 10,518 8,796 3,274 Bank of India 10,443 8,694 9,897 7,959 3,807 Bank of Maharashtra 3,118 1,491 990 796 581 Canara Bank 8,210 12,760 11,827 14,350 6,577 Central Bank of India 1,236 10,258 10,001 3,370 881 Indian Bank 8,347 7,952 8,734 4,916 2,638 Indian Overseas Bank 3,769 3,412 7,179 3,885 347 Punjab and Sind Bank 1,134 2,283 796 1,521 232 Punjab National Bank 18,312 16,578 18,317 12,159 3,201 State Bank of India 19,666 24,061 16,161 20,309 8,501 UCO Bank 3,851 2,575 1,938 1,566 753 Union Bank of India 19,484 19,175 18,264 11,634 4,304 Source: RBI, global operations. #RBI provisional data for Sep 2025. *****Annex-2 Rajya Sabha Unstarred question no. 401, regarding Total Value of loans written off by PSBs Amount Technically/Prudentially Written Off-Outstanding in memo/shadow heads, etc of Top 50* borrowers (As on) (Amounts in crore Rs.) FY FY FY FY 31 December# Bank 2021-22 2022-23 2023-24 2024-25 2025 Bank of Baroda - 2,105 - - - Bank of India - - - - - Bank of Maharashtra - - - - - Canara Bank - - - - - Central Bank of India - - - 53 - Indian Bank - - - - - Indian Overseas Bank - - - 316 - Punjab and Sind Bank - - - - - Punjab National Bank 421 421 - - - State Bank of India 3,811 - 37 37 37 UCO Bank 3,032 2,717 1,633 1,633 1,579 Union Bank of India 3,367 - - - - Source: RBI, global operations. #RBI provisional data for December 2025. *Bank-wise top 50 borrowers were considered based on the Total Funded Amount Outstanding reported by banks in CRILC as on reference date. *****Annex-3 Rajya Sabha Unstarred question no. 401, regarding Total Value of loans written off by PSBs Details of NPAs written-off by PSBs for category ‘Agriculture and Allied Activities’ (During FY-April to Date) (Amounts in crore Rs.) FY FY FY FY 30 September# Bank 2021-22 2022-23 2023-24 2024-25 2025 Bank of Baroda 446 1,139 3,056 671 357 Bank of India 571 866 17 1,270 503 Bank of Maharashtra 599 597 161 288 141 Canara Bank 278 2,525 351 610 1,779 Central Bank of India 212 1,273 1,866 135 382 Indian Bank 177 688 1,486 1,458 966 Indian Overseas Bank 219 372 692 303 103 Punjab and Sind Bank 84 48 - 0 - Punjab National Bank 342 1,478 2,166 1,558 556 State Bank of India 2,749 4,777 4,575 4,174 2,036 UCO Bank 661 478 282 187 58 Union Bank of India 2,366 1,310 4,250 2,364 673 Source: RBI, domestic operations. #RBI provisional data for September 2025. *****