The top-50 wilful defaulters owed a total of Rs 92,570 crore to Indian banks as of March 31, 2022, Minister of State for Finance Bhagwat Karad told Lok Sabha. Top-10 Wilful Defaulters In India As On March 31, 2022: 1) Mehul Choksi’s Gitanjali Gems 2) Era Infra 3) Reigo Agro 4) Concast Steel and Power 5) ABG Shipyard 6) Frost …
Even as the Supreme Court has reiterated that the RBI is duty-bound to disclose list of wilful defaulters under the RTI Act, the State Bank of India, the largest bank in India, has denied the information to an RTI applicant saying the same involves commercial confidence and is held in a fiduciary capacity. Advocate and Chartered Accountant Nipun Singhvi had …
New Delhi: Dues from big wilful defaulters of Punjab National Bank fell by 0.87% to ₹ 15,354.52 crore on 30 June compared to ₹ 15,490 crore as on 31 May 2018, bank data has showed. Big wilful defaulters owed PNB ₹ 15,171.91 crore in 2017-18, resulting in standalone net loss of ₹ 12,282.82 crore in 2017-18 as against a profit …
