In 2018-19, willful defaulters in India crossed Rs 1.5 trillion!
Image Credit: shortpedia
In the 2018-19 financial year, India's state-owned banks had classified Rs 1.50 trillion worth loans as 'willful default.' State Bank of India has been the lender of one-third of these, according to the statement of Finance minister in parliament. State bank has witnessed Rs. 461.58 billion worth of willful default followed by PNB with Rs. 250.9 billion and BOI with Rs 98.9 billion worth of willful default.