<h1>Loan write-offs and NPAs: write-offs clear bank books but recovery and accountability concerns remain.</h1> The debate focuses on loan write-offs for wilful defaulters and their impact on bank balance sheets, asserting that write-offs remove bad loans from books without implying recovery, while reforms such as recognition, resolution, recapitalisation and the Insolvency and Bankruptcy Code are presented as measures to improve transparency and asset recovery. Concerns also include potential favoritism in auditor remuneration and poor customer service at public sector banks.