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Wilful Defaulter Dues Rose by a Whopping Rs 100 Crore Per Day Since March 2019: Report

Wilful Defaulter Dues Rose by a Whopping Rs 100 Crore Per Day Since March 2019: Report
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Top 50 wilful defaulters, including Mehul Choksi s Gitanjali Gems, owe Rs 87,295 crore to banks: Finance Ministry

From Nirav Modi to Vijay Mallya, top10 defaulters who owe Rs 40,825 cr to banks

Top 50 wilful defaulters owe Rs 87,295 crore to banks: Finance ministry

The finance ministry on Tuesday said top 50 wilful defaulters including Gitanjali Gems Limited, Era Infra Engineering Limited, REI Agro Limited, and ABG Shipyard Limited owe Rs 87,295 crore to banks and financial institutions. Of this, top 10 wilful defaulters owe Rs 40,825 crore to schedule commercial banks (SCBs), Minister of State for Finance Bhagwat Karad said in a written reply in Rajya Sabha.

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