Canara Bank Refuses To Share Defaulters' Names After Writing Off Rs 1.29 Lakh Crore Bad Loans

Canara Bank has written off bad loans worth Rs 1.29 lakh crore in the past 11 years, the public sector bank revealed in an RTI reply, reported Money Life.  The bank accumulated a total of Rs 1,29,088 crore worth of bad debt from FY11-12 to FY21-22. It shared the information in reply to an RTI filed by Pune-based activist Vivek Velankar.  The bank revealed the debt loan figures but refused to disclose information on the defaulters...