https://www.taxtmi.com/news?id=38688 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. en-us Wed, 26 Mar 2025 17:16:02 +0530 Wed, 26 Mar 2025 17:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=38688 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. News - Wed, 26 Mar 2025 17:16:02 +0530 https://www.taxtmi.com/news?id=38688