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Top 50 Wilful Defaulters Owe Rs 92,570 Crore To Banks, Mehul Choksi Tops List

Top 50 wilful defaulters collectively owed Rs 92,570 crore to Indian banks
Top 50 wilful defaulters collectively owed Rs 92,570 crore to Indian banks
The top 50 wilful defaulters collectively owed Rs 92,570 crore to Indian banks as of March 31, 2022; the government told Parliament.  In a written response, Bhagwat Karad, the minister of state for finance, told the Lok Sabha that Gitanjali Gems, owned by fugitive diamond merchant Mehul Choksi defaulted on loans worth Rs 7,848 crore. The next on this list of biggest loan defaulters were Era Infra (Rs 5879 crore) and Reigo Agro (R...
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