Bhagwat Karad Reveals 2,623 Wilful Defaulters Owe Rs 1.96 Trillion to Indian Banks
As of March 31, 2023, 2,623 borrowers in India have been designated as willful defaulters, owing banks Rs 1,96,049 crore, Bhagwat Karad, Minister of State in the Finance Ministry, informed the Lok Sabha on Monday. According to Karad, Scheduled Commercial Banks (SCBs) and All India Financial Institutions (AIFIs) submit to the Central Repository of Information … Read more