Hit by the over Rs13,000 crore fraud, PNB has been trying to clean up its books. Photo: MintNew Delhi: Big wilful defaulters owed Rs15,171.91 crore in loans to Punjab National Bank at the end of March this year. The public sector lender has been putting out the names of wilful defaulters and firms since June 2017. The major wilful defaulters include chemical manufacturer Kudos Chemie Ltd —Rs1,301.82 crore; Kingfisher Airlines—Rs597.44 crore; VMC Systems Ltd—Rs296.08 crore; Arvind Remedies—Rs158.16 crore and Indu Projects Ltd Rs102.83 crore. Others in the list include Winsome Diamonds and Jewellery—Rs899.70 crore; Zoom Developers—Rs410.18 crore; Jas infrastructure and Power Ltd—Rs410.96 crore; Apple Industries—Rs248.34 crore; Nafed—Rs224.24 crore; MBS Jewellers Pvt Ltd—Rs266.17 crore and S Kumar Nationwide—Rs146.82 crore.

Source: Mint May 06, 2018 05:03 UTC