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NEW DELHI: Finance minister Nirmala Sitharaman strongly rebutted Congress MP Rahul Gandhi’s claims on banks writing off bad debt of Rs 68,600 crore, saying that facts had been taken out of context. “Provisions are made for NPAs as per the four year provisioning cycle laid down by the RBI. Upon full provisioning being done, banks write off the fully provided NPA but continue to pursue recovery against the borrower.

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