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Dues owed by wilful defaulters to PSBs double to Rs 1.5 trn in under 3 yrs

A fourth of the total amount was owed by these defaulters to SBI on September 30, 2018

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Indivjal Dhasmana
Last Updated : Jan 05 2019 | 12:34 AM IST
Outstanding loans against wilful defaulters of the public sector banks have almost doubled. It has risen 92 per cent to Rs 1.47 trn over a two-and-a-half-year period ended September 30, 2018, shows data given in a written reply in the Lok Sabha. A fourth of the total amount was owed by these defaulters to SBI on September 30, 2018, followed by fraud-hit PNB.