Banks' bad loans soar by 86% in first half

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Banks' bad loans soar by 86% in first half. (Reuters) Banks' bad loans soar by 86% in first half. (Reuters)
SummaryBanks referred a record number of 74 CDR cases, involving a total debt amount of Rs 40K cr.

made it difficult for the companies to meet their debt obligations -- resulting in a spurt in CDR cases and also increased NPA levels.

As per the latest data available with CDR cell, a total of 466 cases, involving total debt of Rs 2.46 lakh crore, have been referred to it since its inception.

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