The country’s largest lender, SBI, accounts for over 27 per cent of the total amount owed to public sector banks by wilful defaulters.
As many as 1,762 wilful defaulters owed SBI ₹25,104 crore as on March 31.
Punjab National Bank (PNB) is next on the list with 1,120 wilful defaulters having outstanding non-performing assets (NPAs) of ₹12,278 crore.
Together these two banks account for ₹37,382 crore or 40 per cent of the total outstanding loans.
Total outstanding loans due to public sector banks by wilful defaulters amounted to ₹92,376 crore, according to the Finance Ministry data.
The total outstanding loans by wilful defaulters rose to ₹92,376 crore at the end of financial year 2016-17, from ₹76,685 crore at the end of last fiscal 2015-16 — up 20.4 per cent.
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