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Indias top 50 loan defaulters owe ₹87,295 crore to banks; Gitanjali Gems is the biggest defaulter.

The gross non-performing assets (NPAs) of state-owned banks had dropped by over Rs 3 lakh crore after peaking at Rs 8.9 lakh crore.

As per RBI data, between 2014 and 2020, total burden of non-performing loans on banks was nearly 365 percent more than that during previous six years of UPA rule

Synopsis Data the Reserve Bank of India shared with Right to Information Act activist Biswanath Goswami showed that Mehul Choksi-owned Gitanjali Gems was the top wilful defaulter, accounting for Rs 5,071 crore of non-performing assets (NPA). Banks wrote off Rs 622 crore of the firm’s loans. Getty Images KOLKATA: Banks have written off almost Rs 62,000 crore of loans of top 100 wilful defaulters as of March 2020, with Jatin Mehta’s Winsome Diamonds & Jewellery topping the list, helping them ...

Photo Credit: IANS IANSLive New Delhi, Feb 2 (IANS) In major action against Zoom Developers Private Limited, the Enforcement Directorate on Tuesday said that it has attached four immovable properties worth Rs 1.47 crore in connection with its money laundering probe over defrauding banks to the tune of Rs 2,650 crore. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in ...

ED attaches land of Zoom Developers worth Rs 1.47 cr ​ By IANS | Published on ​ Tue, Feb 2 2021 20:12 IST | ​ 0 Views   ED raids 5 locations of UP ex-MLC in illegal sand mining case. Image Source: IANS News New Delhi, Feb 2 : In major action against Zoom Developers Private Limited, the Enforcement Directorate on Tuesday said that it has attached four immovable properties worth Rs 1.47 crore in connection with its money laundering probe over defrauding banks to the tune of Rs 2,650 c...

Photo Credit: IANS IANSLive New Delhi, Feb 2 (IANS) In major action against Zoom Developers Private Limited, the Enforcement Directorate on Tuesday said that it has attached four immovable properties worth Rs 1.47 crore in connection with its money laundering probe over defrauding banks to the tune of Rs 2,650 crore. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in ...

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