PNB’s Fresh List of Wilful Defaulters Includes Kingfisher Airlines

PNB’s updated list of over 900 defaulters has all the usual suspects.

Wilful defaulters owe total outstanding dues of Rs 11,486 crore to PNB.(Photo: Reuters)

• Punjab National Bank (PNB), the nation’s second biggest state-run lender declared a list of 913 defaulters with total outstanding dues of Rs 11,486 crore, on 31 March 2016. PNB has added eight defaulters to its February list.
  
  
• The large wilful defaulters, according to the list published by PNB, include embattled businessman Vijay Mallya’s Kingfisher Airlines with outstanding dues of Rs 597.44 crore.
  
  
• The list, however, was topped by Winsome Diamonds and Jewellery with an outstanding of Rs 900.06 crore. Forever Precious Jewellery & Diamonds had an outstanding of Rs 747.98 crore.
  

(With agency inputs.)