913 wilful defaulters owe ₹11k crore to PNB
India's second largest state-run lender Punjab National Bank (PNB) has released a list of 913 wilful defaulters with total outstanding dues of ₹11,486 crore. The large defaulters include embattled Vijay Mallya's Kingfisher Airlines with an outstanding of ₹598 crore. This comes after the bank posted ₹5,367 crore loss for the March quarter, the highest-ever quarterly loss by an Indian bank.