<h1>RBI Guidelines: Non-Performing Loans Written Off After Four Years for Tax Benefits, Borrowers Still Liable for Repayment.</h1> According to Reserve Bank of India guidelines, non-performing loans, fully provisioned after four years, are removed from bank balance sheets via write-offs for tax benefits and capital optimization. Borrowers remain liable for repayment, and recoveries continue through legal mechanisms. There is no current loan waiver scheme by the Union Government, though some states announced their own in 2016 and 2017. The last major Union Government debt waiver was the 2008 Agricultural Debt Waiver and Debt Relief Scheme, benefiting 3.73 crore farmers with Rs. 52,259.86 crore. Public Sector Banks reported significant reductions in agricultural NPAs due to write-offs in 2016-17 and 2017.