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Public Sector Banks Report Rs 2.85 Lakh Crore Wilful Defaults and Rising Recoveries in FY26

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Public Sector Banks Report Rs 2.85 Lakh Crore Wilful Defaults and Rising Recoveries in FY26

Analysed 12 Aug 2026·2 sources analysed·Business
Public Sector Banks Report Rs 2.85 Lakh Crore Wilful Defaults and Rising Recoveries in FY26PreviousNext

As of June 30, 2026, 15,930 wilful defaulters owe Rs 2.85 lakh crore to public sector banks, with amounts written off totaling Rs 70,528 crore in FY26. Despite these write-offs, recoveries have increased, reaching Rs 42,889 crore, as banks continue pursuing repayments since write-offs do not waive borrower liabilities. Data also shows a decline in annual write-offs over recent years, with large industries no longer the primary beneficiaries, reflecting improved recovery efforts by banks including the State Bank of India.

Sentiment
52%
TBN's observations

First-hand measurement across 2 sources

We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (52/100). Lens Score 51/100.

Outlets measured: thehindu, moneycontrol. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 2 sources · Published under editorial oversight by The Balanced News
Analysed 12 Aug 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Neutral (52/100)

Sentiment was consistent across outlets (48–55/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

moneycontrol broke this story on 11 Aug, 01:58 pm. Other outlets followed.

11 Aug, 01:58 pm2 sources · 22 h12 Aug, 11:46 am
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
← Previous
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1
moneycontrol11 Aug, 01:58 pm
Wilful defaulters owe Rs 2.85 lakh crore to Public Sector Banks as on June 30: Finance Ministry- Moneycontrol.com
  • 2
    thehindu12 Aug, 11:46 am
    Public sector banks' bad loan write-offs shrink as recoveries rise
  • Accountability flags

    TBN's analysis identified the following accountability dimensions in this story.

    • financial irregularity

      This story involves alleged financial misconduct — unexplained transactions, procurement irregularities, or misuse of public/shareholder funds.

    Who's involved

    Institutions and figures named across source coverage.

    Government
    Ministry of FinanceReserve Bank of India
    Corporate
    Public Sector BanksState Bank of India
    Political
    Bharatiya Janata Party

    Story context

    Category
    Business
    Sources analysed
    2
    Last analysed
    12 Aug 2026
    Key entities
    LakhCroreIndian rupeeWrite-offMinistry of Finance (India)Public sectorAccountingPublic companyBankDefault (finance)ParliamentBalance sheet