Banks write off over ₹68K cr loans from top 50 wilful defaulters

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Banks write off over ₹68K cr loans from top 50 wilful defaulters

Apr 28, 2020 12:06 IST

Indian banks have technically written off a staggering amount of ₹68,607 crore due from 50 top wilful defaulters, including absconding diamond merchant Mehul Choksi, according to a reply under RTI from the RBI. Finance Minister Nirmala Sitharaman and Minister of State for Finance Anurag Thakur had refused to reply when asked about the same in the Parliament by Congress MP Rahul Gandhi in the last Budget Session, prominent RTI activist Saket Gokhale, who had filed the RTI query, said.

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