5,600 wilful defaulters owe banks ₹60k cr: Data
Over 5,600 borrowers, who owe banks nearly ₹60,000 crore, have been declared wilful defaulters as on December 31, according to data from Credit Information Bureau (CIBIL). While India’s largest bank SBI is owed ₹12,091 crore, Kotak Mahindra is owed the highest (₹5,442 crore) among private sector banks. Notably, these instances of wilful default include only those where banks filed suits.