Monday, February 8, 2021

Top 100 wilful defaulters owe lenders Rs 84,632 crore

While banks wrote off nearly three-fourth of it to clean their balance sheet and get tax benefits, the default borrowers continue to appear in RBI's internal CRILC database till they clear the default, people familiar with the matter said.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/top-100-wilful-defaulters-owe-lenders-rs-84632-crore/articleshow/80753675.cms

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