Where you can find India’s wilful defaulters - News Summed Up

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Where you can find India’s wilful defaulters


A dataset compiled by TransUnion Cibil shows that, as of 30 June, there were about 6,600 wilful defaulters, defaulting on about Rs75,000 crore, against whom banks have filed suitsKingfisher Airlines, Zoom Developers, Winsome Diamonds and Varun Industries are faces of the rogue credit culture that has weakened the Indian banking system. ‘Wilful defaulters’, the central bank calls them. But for every Kingfisher or Zoom that makes the news, there are 20 that don’t. A dataset compiled by TransUnion Cibil shows that, as of June 30, there were about 6,600 wilful defaulters, defaulting on about Rs 75,000 crore, against whom banks have filed suits. The data interactive below traces the footprints of these wilful defaulters: the cities and Pincodes where they are located, who have they borrowed from and how much.


Source: Mint September 15, 2017 02:37 UTC



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