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RBI list of wilful defaulters has names where govt has already initiated enforcement action

By IANS | Updated: April 28, 2020 17:55 IST

The government has cracked down on wilful defaulters of banks and commenced investigations in several of the cases outlined by the Reserve Bank of India (RBI) in its response to an RTI query.

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top wilful defaulters are connected with the glittering diamond and/or gold jewellery industries.

No industry is sacrosanct as the top 50 willful defaulters are spread across various sectors of the economy, including IT, infrastructure, power, gold-diamond jewellery, pharma etc.

( With inputs from IANS )

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