Banks write offs at whose Cost? Have the stakeholders of Banks thought about it?

 Bank of Baroda Writes Off ₹35,715 Crore of Loans above ₹100 Crore, Refuses To Disclose Big Defaulters’ Names under RTI Money Life 19th Aug 2026.

This sort of write offs using other stake holders funds in the bank who include depositors , good borrowers, employees, share holders and government has no justification what so ever. The situations led to write offs and the details of borrowers whose accounts have been written off technically in banks books should be made transparent as depositors' and employees' sacrifice definitely be much more than their affordability . Depositors are paid less than 7% for their FDs and less than 3.5 %for their Savings Bank deposits and thus the money saved by banks are passed on to big borrowers and eventually written offs as disclosed now. With this background being a reality , banks and borrowers have no moral right to get subsidised for their inefficiencies and business losses to make it good from the poor stake holders of banks. The depositors even have to pay Income tax on this meagre savings without even adjusting for inflation which is always more than the int rate. This is something very pathetic. It is time to fully justify and make it transparent as to what has happened to these borrowers and how and why the accounts became bad and why the banks and borrowers cannot think of some inbuilt mechanism to make up for such bad debts losses without hurting the innocent stake holders.

T V Gopalakrishnan

(This comment was given in response to the Article on Bank of Baroda's write offs referred to above)