Lok Sabha Question No. 181 (STARRED), answered on 2015-12-11
Subject: Wilful Defaulters
Ministry: FINANCE
Asked by: NAGARAJAN P.

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES

LOK SABHA STARRED QUESTION NO *181 TO BE ANSWERED ON THE 11 th DECEMBER, 2015 / AGRAHAYANA 20, 1937 (SAKA)

## WILFUL DEFAULTERS

*181: P. NAGARAJAN

Will the Minister of FINANCE be pleased to state:

- (a) whether the Public Sector Banks (PSBs) have prepared any list of wilful loan defaulters for more than 25 lakhs and above and if so, the number of defaulters and the outstanding loan against them during each of the last three years and current year, bank-wise;
- (b) the number of cases where criminal proceedings initiated against the defaulters;
- (c) whether the connivance of bank officials have also been reported in such bad loan and if so, the details thereof; and
- (d) the steps taken/being taken by the Government/RBI to recover outstanding loans from wilful defaulters?

## ANSWER

FINANCE MINISTER (SHRI ARUN JAITLEY)

- (a) to (d ): A Statement is laid on the Table of the House.
- ************

STATEMENT AS REFERRED TO IN REPLY TO PARAs (A) TO (D) OF LOK SABHA STARRED QUESTION NO. *181 FOR ANSWER ON 11 th DECEMBER, 2015 REGARDING WILFUL DEFAULTERS BY SHRI P. NAGARAJAN. (a) to (c): The details of willful defaulters in case of loans for Rs.25 lakh and above including outstanding amount and number of cases in which FIRs have been filed, have been compiled in the annexed table based on inputs given by Public Sector Banks for the last three years and current year as on 30 th September 2015. The number of cases where connivance of bank officials have been reported as on 30.09.2015 is also included.

(d): Reserve Bank of India (RBI) has issued guidelines (July 1, 2015, available on RBI's website) on willful defaulters to dis-incentivize borrowers who have money and do not pay or have diverted the funds or siphoned off funds or removed assets given as security, indicting action that includes; (i) restricting additional facilities to such defaulters from banks and financial institutions, (ii) barring of such borrowers from institutional finance, (iii) criminal action, (iv) removal of directors of such companies from boards and (v) change in management.

************

| SR. NO.   | NAME OF BANKS                |                   |                   |           | 31.03.2013   | 31.03.2013        | 31.03.2013        | 31.03.2014   | 31.03.2014   | 31.03.2014        | 31.03.2015        | 31.03.2015   | 31.03.2015   | 30.09.2015        | 30.09.2015        | 30.09.2015   | 30.09.2015   | 30.09.2015                                                     |
|-----------|------------------------------|-------------------|-------------------|-----------|--------------|-------------------|-------------------|--------------|--------------|-------------------|-------------------|--------------|--------------|-------------------|-------------------|--------------|--------------|----------------------------------------------------------------|
| SR. NO.   | NAME OF BANKS                | WILFUL DEFAULTERS | WILFUL DEFAULTERS | FIR FILED | FIR FILED    | WILFUL DEFAULTERS | WILFUL DEFAULTERS | FIR FILED    | FIR FILED    | WILFUL DEFAULTERS | WILFUL DEFAULTERS | FIR FILED    | FIR FILED    | WILFUL DEFAULTERS | WILFUL DEFAULTERS | FIR FILED    | FIR FILED    | Cases where the connivance of bank officials reported by banks |
| SR. NO.   | NAME OF BANKS                | NO.               | AMT.              | NO.       | AMT.         | NO.               | AMT.              | NO.          | AMT.         | NO.               | AMT.              | NO.          | AMT.         | NO.               | AMT.              | NO.          | AMT.         | NO.                                                            |
| 1         | Allahabad Bank               | 23                | 292.44            | 12        | 199.68       | 20                | 250.94            | 3            | 1.80         | 32                | 688.79            | 16           | 302.04       | 32                | 502.09            | 16           | 301.63       | 0                                                              |
| 2         | Andhra Bank                  | 144               | 599.27            | 50        | 92.80        | 213               | 1805.69           | 63           | 439.15       | 336               | 2571.74           | 73           | 534.35       | 361               | 2699.43           | 144          | 586.02       | 8                                                              |
| 3         | Bank of Baroda               | 146               | 734.68            | 31.00     | 395.34       | 167               | 1110              | 41           | 516.00       | 146               | 1189.87           | 44           | 589.76       | 147               | 1187.20           | 58           | 815.29       | 1                                                              |
| 4         | Bank of India                | 23                | 404.23            | 1         | 133.00       | 84                | 1326.27           | 3            | 388.45       | 170               | 2568.75           | 5            | 391.11       | 183               | 3374.33           | 8            | 608.29       | 0                                                              |
| 5         | Bank of Maharashtra          | 32                | 141.75            | 8.00      | 32.82        | 76                | 248.69            | 16           | 131.38       | 79                | 548.61            | 45           | 141.04       | 79                | 548.61            | 46           | 141.22       | 21                                                             |
| 6         | Canara Bank                  | 525               | 2053.53           | 247       | 606.73       | 475               | 3101.56           | 223          | 952.81       | 475               | 3038.00           | 223          | 938.00       | 480               | 3209.00           | 225          | 1031.00      | 0                                                              |
| 7         | Central Bank of India        | 660               | 1187.43           | 39        | 43.50        | 674               | 2521.52           | 41           | 174.43       | 722               | 4428.62           | 49           | 2288.61      | 723               | 4272.04           | 49           | 2288.61      | 0                                                              |
| 8         | Corporation Bank             | 69                | 676.85            | 0         | 0.00         | 88                | 1093.99           | 14           | 67.47        | 119               | 1975.56           | 4            | 19.07        | 126               | 2356.98           | 4            | 11.40        | 3                                                              |
| 9         | Dena Bank                    | 40                | 112.72            | 9         | 37.76        | 64                | 238.19            | 22           | 96.48        | 126               | 662.73            | 22           | 370.51       | 137               | 792.20            | 22           | 369.33       | 1                                                              |
| 10        | IDBI Bank Limited            | 50                | 438.53            | 4         | 81.90        | 51                | 437.2             | 2            | 25.95        | 67                | 1719.08           | 4            | 81.90        | 70                | 1982.80 5         |              | 332.76       | 5                                                              |
| 11        | Indian Bank                  | 38                | 111.40            | 26        | 73.14        | 39                | 383.22            | 25           | 77.31        | 37                | 294.31            | 24           | 74.38        | 35                | 285.92            | 25           | 148.09       | 0                                                              |
| 12        | Indian Overseas Bank         | 78                | 749.72            | 0         | 0.00         | 153               | 1647.23           | 30           | 786.74       | 112               | 1342.14           | 35           | 796.99       | 112               | 1342.13           | 30           | 786.74       | 7                                                              |
| 13        | Oriental Bank of Commerce    | 214               | 1762.04           | 36        | 766.00       | 331               | 2312.21           | 47           | 836.81       | 382               | 3877.44           | 77           | 1529.56      | 376               | 3903.00           | 76           | 1525.00      | 12                                                             |
| 14        | Punjab & Sind Bank           | 8                 | 15.30             | 0         | 0.00         | 10                | 210.72            | 3            | 0.65         | 25                | 248.84            | 25           | 333.14       | 25                | 248.41            | 25           | 331.72       | 14                                                             |
| 15        | Punjab National Bank         | 70                | 193.87            | 19        | 39.07        | 267               | 4261.22           | 65           | 1158.99      | 410               | 7282.25           | 137          | 3312.91      | 764               | 9203.84           | 210          | 3621.43      | 0                                                              |
| 16        | Syndicate Bank               | 48                | 179.75            | 13        | 47.50        | 169               | 422.59            | 115          | 108.34       | 199               | 884.04            | 115          | 108.34       | 207               | 935.36            | 118          | 108.56       | 4                                                              |
| 17        | UCO Bank                     | 271               | 2980.16           | 37        | 350.41       | 525               | 3059.66           | 87           | 528.05       | 594               | 3677.08           | 95           | 705.72       | 613               | 3931.37           | 224          | 705.72       | 0                                                              |
| 18        | Union Bank of India          | 614               | 1619.62           | 67        | 496.40       | 636               | 2256.97           | 47           | 496.41       | 643               | 2613.76           | 84           | 721.77       | 657               | 3066.42           | 85           | 722.28       | 24                                                             |
| 19        | United Bank of India         | 398               | 690.11            | 114       | 185.51       | 401               | 1318.46           | 115          | 219.70       | 390               | 1603.95           | 125          | 414.27       | 379               | 1903.55           | 130          | 393.97       | 0                                                              |
| 20        | Vijaya Bank                  | 14                | 49.13             | 7         | 41.43        | 104               | 779.8             | 39           | 522.49       | 97                | 711.88            | 40           | 519.73       | 100               | 826.87            | 30           | 389.13       | 0                                                              |
| 21        | State Bank of Bikaner Jaipur | 1                 | 129.77            | 1         | 129.77       | 16                | 685.04            | 3            | 142.26       | 19                | 790.20            | 3            | 142.26       | 43                | 829.37            | 13           | 216.55       | 0                                                              |
| 22        | &                            |                   | 1128.15           | 9         |              |                   |                   | 9            |              |                   |                   | 9            | 476.61       | 197               | 2088.11           |              | 476.61       | 0                                                              |
|           | State Bank of Hyderabad      | 101               |                   |           | 476.61       | 173               | 1793.73           |              | 476.61       | 198               | 2128.11           |              |              |                   | 9                 |              |              |                                                                |
| 23 24     | State Bank of India          | 1142              | 7693.00           | 16        | 468.00       | 1187              | 9980              | 16           | 7.00         | 1170              | 11510.98          | 16           | 13.10        | 1164              | 11705.00          | 16           | 13.100       | 0                                                              |
|           | State Bank of Mysore         | 46                | 515.91            | 6         | 207.90       | 56                | 873.6             | 8            | 297.33       | 66                | 973.56            | 9            | 301.91       | 66                | 973.56            | 12           | 301.91       | 5                                                              |
| 25        | State Bank of Patiala        | 116               | 873.93            | 27        | 155.38       | 136               | 1292.79           | 26           | 339.95       | 108               | 585.80            | 42           | 233.13       | 124               | 1327.54           | 42           | 228.49       | 0                                                              |
| 26        | State Bank of Travancore     | 58 4929           | 470.91            | 52 831    | 455.94       | 58                |                   | 1            | 1.08         | 66                | 845.43            | 2            | 147.05       | 65                | 839.46            | 2            | 147.05       | 10                                                             |
|           | Public Sector Banks          |                   | 25804.20          |           | 5516.59      | 6173              | 461.79 43873.08   | 1064         | 8793.64      | 6788              | 58761.52          | 1323         | 15487.2614   | 7265              | 64334.59          | 1624         | 16601.90     | 115                                                            |

Source: PSBs