While public sector banks (PSBs) continue to refuse to share names of big defaulters citing confidentiality of customer data , information shared by the Reserve Bank of India (RBI), reveals that just 312 big defaulters owe more than 76% or Rs1,41,583.50 crore of the total bad loans.
Scheduled commercial banks (SCBs) have written off non-performing assets (NPAs) worth over Rs9.92 lakh crore during the last five financial years (FYs)