PNB wilful defaulters' dues fall marginally to Rs 15,075cr at Aug-end

Outstanding dues of big wilful defaulters of Punjab National Bank reduced marginally to 15,075.07 crore at end-August from Rs 15,175 crore at the July end, according to the bank's data.

According to the list of wilful defaulters who took loans of Rs 25 lakh and more, Kudos Chemie Ltd and Kingfisher Airlines were the major borrowers with outstanding amount of Rs 1,301.82 crore and Rs 597.44 crore respectively.

Jas Infrastructure had outstanding dues of Rs 410.96 crore; VMC Systems Rs 296.08 crore; MBS Jewellers Rs 266.17 crore; Tulsi Extrusion Rs 175.40 crore; ICSA Ltd Rs 134.76 crore; Vibha Agrotech Rs 125 crore; Arvind Remedies Rs 158.16 crore; Bhawani Industries Rs 106.66 crore; Indu Projects Ltd Rs 102.83 crore; BBF Industries Rs 100.99 crore and Rupana Papers Rs 100.49 crore.

These are all part of a consortium lending, the PNB list showed.

Among those who took loans from PNB as a sole lender included Winsome Diamonds & Jewellery Rs 899.70 crore; Zoom Developers Rs 410.18 ...