Tag: Defaulters

No plan to issue next list of defaulters any time soon: RBI

New Delhi: Following its identification of 12 accounts responsible for 25 per cent of the non-performing assets (NPAs) of banks in the country, the Reserve Bank of India (RBI) on Friday said it has no plan to come out with the next list any time soon. “If you look at it (NPAs), the RBI had […]

  • Monday, 05 July 2021
PNB admits staggering loan defaults of Rs 25,000-crore

Mumbai: The beleaguered public sector Punjab National Bank (PNB) has admitted to 1,142 big and small defaulters all over India who have defaulted a stupendous Rs 25,090.3 crore. Of these 1,142, the PNB has so far initiated recovery proceedings by filing suits against 1,108 defaulters to recover Rs 23,879.8 crore. However, no suits have been […]

  • Thursday, 29 April 2021