Top Bank Defaulters List in India : Released by AIBEA the list of 2426 borrowers dues amounting to Rs. 1,47,350 Crores.

Top Bank Defaulters List in India: Released by AIBEA the list of 2,426 borrowers dues amounting to Rs. 1,47,350 Crores.

At the occasion of the 51st anniversary of Bank nationalization, the All India Bank Employees Association (AIBEA) released the list of 2,426 borrowers accounts that are categorized as “wilful defaulters” with dues amounting to ₹1,47,350 crore to the industry of banking in India.
These wilful defaulters list is only to public sector banks and supported Central Repository of data on Large Credits (CRILC) report as of Sept 30, 2019.

THE TOP 33 ACCOUNTS OF WILFUL DEFAULTERS  ARE BELOW - - 500 CR AND ABOVE

As per the AIBEA list, the top 33 accounts with exposure of ₹ 500 crores and above accounted for aggregate dues of ₹ 32,737 crores. These include Gitanjali Gems (₹ 4,644 crore); ABG Shipyard ( ₹ 1,875 crore); Rei Agro (₹ 2,423 crore); Ruchi Soya Industries (₹ 1,618 crore); Gilli India ( ₹ 1,447 crore); Winsome Diamonds and Jewellery (₹ 2,918 crore); Kudos Chemie (₹ 1,810 crore), Nakshatra Brands (₹ 1109 crore) and Kingfisher Airlines (₹ 586 crore). Some of these accounts held exposure less than ₹ 500 crores in some banks.

Among the banks, SBI, the country’s largest commercial bank, had the highest number of 685 wilful defaulter borrowers amounting to ₹43,887 crores.
TOP 33 ACCOUNTS - RS.500 CR AND ABOVE AS ON 30TH SEPT 2019

Top Bank Defaulters List in India: Released by AIBEA the list of 2426 borrowers dues amounting to ₹1,47,350 Crores.

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