Top 10 corporate groups owe ₹5.73L cr to lenders
Top 10 corporate groups in India owed ₹5.73 lakh crore to state-owned banks and financial institutions at the end of March this year, MoS for Finance Santosh Kumar said in the Parliament on Tuesday. He added that public sector banks wrote off debt worth ₹59,547 crore during 2015-16, while private sector banks wrote off ₹12,017 crore.