SBI ranks number 1 in list of PSBs for willful defaulters

Q.  Which public sector bank has ranked number 1 when it comes to the highest wilful defaulters?
- Published on 04 May 16

a. PNB
b. SBI
c. Indian Overseas Bank
d. None of the above

ANSWER: SBI
 
State Bank of India has ranked Number 1 in the list of public sector banks with the highest number of wilful defaulters stood at 1164. Total amount outstanding in the bank was INR 11,705 crore according to the Finance Ministry. PNB came in second with 904 defaulters owing INR 10869. Indian Overseas Bank bucked the trend with number of wilful defaulters shrinking to 70 in 2015 from 517 in 2012.Total amount in outstanding public sector banks has shot up to INR 66190 crore in 2015 and INR 27749 crore in 2012.

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