Banks are required to inform customers 30 working days prior to loan write-offs
Banks manage classified non-performing loans (NPLs) by removing them from their balance sheets through write-offs. October 19, 2025 Highlights Banks must notify borrowers at least 30 business days before writing off loans. Loans classified as bad or loss for over two years can be fully written off. Borrowers remain accountable even after loans are canceled. […]