India’s top 30 defaulters account for a third of the gross non-performing assets (NPAs) in the banking sector, according to data obtained from the Reserve Bank of India (RBI) through a right to information (RTI) request.
As of March 31, India’s scheduled commercial banks had gross NPAs worth Rs 9.49 lakh crore.
According to data furnished by the RBI in response to an RTI filed by The Wire, the top 30 NPA borrowers account for Rs 2.86 lakh crore.
https://thewire.in/banking/rbi-npa-wilful-defaulters-supreme-court
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India’s top 30 defaulters account for a third of the gross non-performing assets (NPAs) in the banking sector, according to data obtained from the Reserve Bank of India (RBI) through a right to information (RTI) request. As of March 31, India’s scheduled commercial banks had gross NPAs worth Rs 9.49 lakh crore. According to data furnished by the RBI in response to an RTI filed by The Wire, the top 30 NPA borrowers account for Rs 2.86 lakh crore. https://thewire.in/banking/rbi-npa-wilful-defaulters-supreme-court