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Top 50 wilful defaulters owe Rs 87,295 cr to banks: Finance Minister

  • The finance ministry on Tuesday said top 50 wilful defaulters including Gitanjali Gems Limited, Era Infra Engineering Limited, REI Agro Limited, and ABG Shipyard Limited owe Rs 87,295 crore to banks and financial institutions.
  • Fugitive Mehul Choksi’s Gitanjali Gems is the biggest wilful defaulter owing Rs 8,738 crore to banks.
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