PNB and its wilful defaulters ~ bulls$treet

The dues by scam-hit PNB's big wilful defaulters grew to Rs 14,904.65 crore in February, up 2.1 percent from the previous month, according to the bank data.

These wilful 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 percent jump, from Rs 11,879.74 crore in June 2017.

Among the major wilful defaulters are chemical manufacturer Kudos Chemie Ltd Rs 1,301.82 crore; Kingfisher Airlines Rs 597.44 crore; Jas infrastructure and Power Ltd - Rs 410.96 crore; VMC Systems Ltd - Rs 296.08 crore and Arvind Remedies - Rs 158.16 crore.

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PNB and its wilful defaulters

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