Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | SBI writes off loans of 63 wilful defaulters -Dipu Rai    </title>
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                            <div align="justify">-DNA<br /><em><br />India's largest public sector bank has dropped more than Rs 7,000 crore, more than 80 per cent of the amount owed to it by its top 100 defaulters, into the Advance Under Collection Account (AUCA) bin for toxic loans <br /></em><br />With efforts to recover its dues hitting a virtual dead-end, the State Bank of India (SBI) seems to be have started a clean-up of its balance sheets by writing off loans worth about Rs 7,016 crore owed to it by more than 60 of its top 100 wilful defaulters.<br /><br />While 63 accounts in the list have been fully written off, 31 have been partially written off and six have been shown as non-performing assets (NPAs), reveal documents accessed by DNA. As on June 30, 2016, SBI has written off Rs 48,000 crore worth bad loans. The documents, however, don't specify the entry time of these &quot;write-offs&quot;.<br /><br />India's largest public sector bank has dropped the money, mostly wilfully defaulted, into a specially created dustbin for 'toxic loans' called Advance Under Collection Account (AUCA), technically known as a write-off.<br /><br />India's largest public sector bank has dropped the money, mostly wilfully defaulted, into a specially created dustbin for 'toxic loans' called Advance Under Collection Account (AUCA), technically known as a write-off.<br /><br />Please <a href="http://www.dnaindia.com/india/report-sbi-writes-off-loans-of-63-wilful-defaulters-2273834" title="http://www.dnaindia.com/india/report-sbi-writes-off-loans-of-63-wilful-defaulters-2273834">click here</a> to read more. </div><div align="justify">&nbsp;</div>                                                           
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    <br><a href="http://www.dnaindia.com/india/report-sbi-writes-off-loans-of-63-wilful-defaulters-2273834" class="re" target="_blank">DNA, 16 November, 2016, http://www.dnaindia.com/india/report-sbi-writes-off-loans-of-63-wilful-defaulters-2273834</a><div class="clear"></div>
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                            <div align="justify">-DNA<br /><em><br />India's largest public sector bank has dropped more than Rs 7,000 crore, more than 80 per cent of the amount owed to it by its top 100 defaulters, into the Advance Under Collection Account (AUCA) bin for toxic loans <br /></em><br />With efforts to recover its dues hitting a virtual dead-end, the State Bank of India (SBI) seems to be have started a clean-up of its balance sheets by writing off loans worth about Rs 7,016 crore owed to it by more than 60 of its top 100 wilful defaulters.<br /><br />While 63 accounts in the list have been fully written off, 31 have been partially written off and six have been shown as non-performing assets (NPAs), reveal documents accessed by DNA. As on June 30, 2016, SBI has written off Rs 48,000 crore worth bad loans. The documents, however, don't specify the entry time of these &quot;write-offs&quot;.<br /><br />India's largest public sector bank has dropped the money, mostly wilfully defaulted, into a specially created dustbin for 'toxic loans' called Advance Under Collection Account (AUCA), technically known as a write-off.<br /><br />India's largest public sector bank has dropped the money, mostly wilfully defaulted, into a specially created dustbin for 'toxic loans' called Advance Under Collection Account (AUCA), technically known as a write-off.<br /><br />Please <a href="http://www.dnaindia.com/india/report-sbi-writes-off-loans-of-63-wilful-defaulters-2273834" title="http://www.dnaindia.com/india/report-sbi-writes-off-loans-of-63-wilful-defaulters-2273834">click here</a> to read more. </div><div align="justify">&nbsp;</div>                                                           
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    <br><a href="http://www.dnaindia.com/india/report-sbi-writes-off-loans-of-63-wilful-defaulters-2273834" class="re" target="_blank">DNA, 16 November, 2016, http://www.dnaindia.com/india/report-sbi-writes-off-loans-of-63-wilful-defaulters-2273834</a><div class="clear"></div>
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    <h1 class="cat-box-title">SBI writes off loans of 63 wilful defaulters -Dipu Rai</h1>
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                            <div align="justify">-DNA<br /><em><br />India's largest public sector bank has dropped more than Rs 7,000 crore, more than 80 per cent of the amount owed to it by its top 100 defaulters, into the Advance Under Collection Account (AUCA) bin for toxic loans <br /></em><br />With efforts to recover its dues hitting a virtual dead-end, the State Bank of India (SBI) seems to be have started a clean-up of its balance sheets by writing off loans worth about Rs 7,016 crore owed to it by more than 60 of its top 100 wilful defaulters.<br /><br />While 63 accounts in the list have been fully written off, 31 have been partially written off and six have been shown as non-performing assets (NPAs), reveal documents accessed by DNA. As on June 30, 2016, SBI has written off Rs 48,000 crore worth bad loans. The documents, however, don't specify the entry time of these &quot;write-offs&quot;.<br /><br />India's largest public sector bank has dropped the money, mostly wilfully defaulted, into a specially created dustbin for 'toxic loans' called Advance Under Collection Account (AUCA), technically known as a write-off.<br /><br />India's largest public sector bank has dropped the money, mostly wilfully defaulted, into a specially created dustbin for 'toxic loans' called Advance Under Collection Account (AUCA), technically known as a write-off.<br /><br />Please <a href="http://www.dnaindia.com/india/report-sbi-writes-off-loans-of-63-wilful-defaulters-2273834" title="http://www.dnaindia.com/india/report-sbi-writes-off-loans-of-63-wilful-defaulters-2273834">click here</a> to read more. </div><div align="justify">&nbsp;</div>                                                           
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    <br><a href="http://www.dnaindia.com/india/report-sbi-writes-off-loans-of-63-wilful-defaulters-2273834" class="re" target="_blank">DNA, 16 November, 2016, http://www.dnaindia.com/india/report-sbi-writes-off-loans-of-63-wilful-defaulters-2273834</a><div class="clear"></div>
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SBI writes off loans of 63 wilful defaulters -Dipu Rai

Published on Nov 16, 2016   Modified on Nov 16, 2016

-DNA India's largest public sector bank has dropped more than Rs 7,000 crore, more than 80 per cent of the amount owed to it by its top 100 defaulters, into the Advance Under Collection Account (AUCA) bin for toxic loans With efforts to recover its dues hitting a virtual dead-end, the State Bank of India (SBI) seems to be have started a clean-up of its balance sheets by writing off loans worth about Rs 7,016 crore owed to it by more than 60 of its top 100 wilful defaulters. While 63 accounts in the list have been fully written off, 31 have been partially written off and six have been shown as non-performing assets (NPAs), reveal documents accessed by DNA. As on June 30, 2016, SBI has written off Rs 48,000 crore worth bad loans. The documents, however, don't specify the entry time of these "write-offs". India's largest public sector bank has dropped the money, mostly wilfully defaulted, into a specially created dustbin for 'toxic loans' called Advance Under Collection Account (AUCA), technically known as a write-off. India's largest public sector bank has dropped the money, mostly wilfully defaulted, into a specially created dustbin for 'toxic loans' called Advance Under Collection Account (AUCA), technically known as a write-off. Please click here to read more.

DNA, 16 November, 2016, http://www.dnaindia.com/india/report-sbi-writes-off-loans-of-63-wilful-defaulters-2273834

Tagged with: Non-Performing Assets NPAs State Bank of India (SBI)

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