According to a recent report, the country's largest lender State Bank of India accounts for over 27 percent of the total amount owed to public sector banks by wilful defaulters.
As many as 1,762 wilful defaulters owed Rs 25,104 crore to State Bank of India as on March 31, putting pressure on its balance sheet.
Punjab National Bank (PNB) is next on the list with 1,120 wilful defaulters having outstanding non-performing assets (NPAs) or bad loans of Rs 12,278 crore.
Together these two banks account...
PRESS TRUST OF INDIA | August 20 , 2017