1. RBI data on Public Sector Banks: In four years, banks' write-off over seven times recovery Between April 2014 and April 2018, the country's 21 State-owned banks ended up writing off Rs 3,16,500 crore of loans even as they recovered Rs 44,900 crore written off on a cumulative basis - or less than one-seventh the write-off amount - according to RBIThe post Economy News-Daily Digest: 5 Key Updates appeared first on Studycopter | Exam Courses.