Punjab country wide financial institution (PNB), the kingdom’s 2nd largest country-run lender, Tuesday declared a list of 913 wilful defaulters, including Kingfisher airways and NAFED, with general incredible dues of Rs eleven,486 crore.
PNB has brought eight defaulters to its February list to take the quantity of wilful defaulters to 913 as on March 31, 2016.
The massive wilful defaulters, consistent with the list posted by way of PNB, include embattled businessman Vijay Mallya’s Kingfisher airlines with an first-rate of Rs 597.44 crore.
FE unique: Mallya gives Rs 2000 cr to settle pending dues, banks might not buyWhat is Vijay Mallya accused of?Punjab national financial institution broadcasts 900 firms as wilful defaulters; owe Rs 11,000 crWilful defaulters owe Rs 10,869 cr to PNB; pinnacle 10 corporations make up one-thirdPNB pronounces Vijay Mallya’s UB Holdings as wilful defaulterRogue borrowers’ overdues swell to Rs40,000 croreFE one-of-a-kind: Mallya offers Rs 2000 cr to settle pending dues, banks may not buyWhat is Vijay Mallya accused of?Punjab countrywide bank declares 900 firms as wilful defaulters; owe Rs eleven,000 crWilful defaulters owe Rs 10,869 cr to PNB; pinnacle 10 corporations make up one-thirdPNB proclaims Vijay Mallya’s UB Holdings as wilful defaulterRogue borrowers’ overdues swell to Rs40,000 croreFE distinct: Mallya gives Rs 2000 cr to settle pending dues, banks might not buyWhat is Vijay Mallya accused of?Punjab countrywide financial institution declares 900 firms as wilful defaulters; owe Rs 11,000 crWilful defaulters owe Rs 10,869 cr to PNB; top 10 firms make up one-thirdPNB proclaims Vijay Mallya’s UB Holdings as wilful defaulterRogue debtors’ overdues swell to Rs40,000 crore.The listing, but, turned into crowned via Winsome Diamonds and jewelry with an awesome of Rs 900.06 crore. for all time precious jewelry & Diamonds had an high-quality of Rs 747.98 crore.
the opposite big defaulters include Zoom builders with an outstanding of Rs 410.18 crore and NAFED with an extraordinary of Rs 224.26 crore.
PNB inside the fiscal ending March 31 had made a provision of Rs 18,366.83 crore toward bad loans that led to a net loss of Rs three,974.39 crore for the financial.
the opposite fundamental wilful defaulters encompass Apple Industries (Rs 248.33 crore), MBA Jewellers (Rs 266.17 crore), Ramsarup organization corporations (Rs 410.62 crore), S Kumar national (Rs 146.eighty two crore) and Rana institution corporations (Rs 169.36 crore).
