Free Press Journal

PNB sees 2% rise in wilful defaults at Rs 15K cr in Feb

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New Delhi : The dues by scam-hit PNB’s big wilful defaulters grew to Rs 14,904.65 crore in February, up 2.1 per cent from the previous month, according to the bank data. These defaulters, who have taken loans of Rs 25 lakh and above, had total outstanding of Rs 14,593.16 crore in January.

PNB started listing the names of such wilful defaulters and the loans outstanding against them from last June. Within the first nine months, these defaults have seen 25 per cent jump, from Rs 11,879.74 crore in June 2017.