What is the amount of loan that has been written off by Banks of the top 100 willful defaulters...........

General Knowledge (judicial) Banking Awareness

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What is the amount of loan that has been written off by Banks of the top 100 willful defaulters, according to RBI?

Rs 13,000 crores

Rs 32,000 crores

Rs 47,000 crores

Rs 62,000 crores

Explanation:

Banks have written off almost Rs 62,000 crore of loans of top 100 wilful defaulters as of March 2020, with Jatin Mehta’s Winsome Diamonds & Jewellery topping the list at Rs 3,098 crores. This data was shared by the Reserve Bank of India shared with Right to Information Act activist Biswanath Goswami.