HomeNewsOpinionSocialising losses is a bad idea, but PSBs have been doing it all along

Socialising losses is a bad idea, but PSBs have been doing it all along

Dinesh Unnikrishnan • August 07, 2024 / 08:01 IST

Every loan loss mandates banks to provide fully for such loans. In turn, this impacts profitability and capital. In the case of PSBs, the burden of capitalization falls on the government.

State run banks have written off large amount of corporate loans in the last decade

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