How much Loans have been Written Off by Banks in Last 12 Years? Check Top 10 Defaulters
In the last 12 years, Banks have written off loans worth crores of rupees. Check the details below.
As on Total number of Wilful Defaulters of Rs. 25 lakh and above Total amount outstanding with Wilful Defaulters of Rs. 25 lakh and above (Rs. Lakh) 31.3.2014 5,076 39,36,925 31.3.2015 7,574 69,80,854 31.3.2016 9,070 89,88,924 31.3.2017 9,675 1,07,66,950 31.3.2018 11,259 1,43,93,575 31.3.2019 12,140 1,93,80,637 31.3.2020 12,822 2,18,72,788 31.3.2021 13,845 2,62,25,350 31.3.2022 16,005 3,07,73,463 31.3.2023 17,968 3,60,47,191 31.3.2024 18,876 3,64,92,783 31.3.2025 18,318 3,83,26,453
Names of Top 10 Wilful Defaulters year wise
(Amounts in lakh Rs.)
As on 31.3.2014 # S. N. Borrower Name Total Amount 1 Zoom Developers Private Limited 1,89,030 2 Beta Naphthol 69,240 3 MBS Jewellers Private Limited 52,003 4 Deccan Chronicle Holdings Limited 50,154 5 Raza Textiles Limited 47,645 6 Parekh Platinum Limited 44,852 7 XL Energy Limited 41,184 8 Rank Industries Limited 39,591 9 NAFED 38,377 10 Agnite Education Limited (Formerly Teledata Informatics Limited) 33,518
As on 31.3.2015 S. N. Borrower Name Total Amount 1 Zoom Developers Pvt Ltd 1,25,237 2 Winsome Diamonds & Jewellery Ltd. 1,04,618 3 Beta Naphthol 77,431 4 Forever Precious Jewellery & Diamonds Ltd. 74,798 5 S Kumars Nationwide Limited (SKNL) 70,193 6 Winsome Diamonds & Jewellery 63,949 7 Raza Textiles Limited 59,905 8 Winsome Diamonds & Jewellery Ltd 54,926 9 Deccan Chronicle Holdings Ltd 52,734 10 Rank Industries Limited. 46,895
As on 31.3.2016 S. N. Borrower Name Total Amount 1 Zoom Developers Pvt Ltd 1,48,547 2 Winsome Diamonds & Jewellery Ltd 1,33,434 3 Kingfisher Airlines Ltd 1,20,140 4 Winsome Diamonds & Jewellery Ltd. 1,04,587 5 Beta Naphthol 99,684 6 Deccan Chronicle Holdings Ltd 93,668 7 S Kumars Nationwide Limited 83,423 8 Forever Precious Jewellery & Diamonds Ltd. 80,565 9 Raza Textiles Limited 73,609 10 Kingfisher Airlines Ltd. 69,550
As on 31.3.2017 S. N. Borrower Name Total Amount 1 Kingfisher Airlines Ltd 2,32,279 2 Zoom Developers Pvt Ltd 1,36,337 3 Winsome Diamonds & Jewellery Ltd 1,33,434 4 Beta Naphthol 1,19,939 5 REI Agro Ltd 1,05,430 6 Winsome Diamonds & Jewellery Ltd. 1,04,551 7 Deccan Chronicle Holdings Ltd 93,581 8 Raza Textiles Limited 92,897 9 S Kumars Nationwide Limited 83,423 10 Forever Precious Jewellery & Diamonds Ltd. 80,565
As on 31.3.2018 S. N. Borrower Name Total Amount 1 ABG Shipyard Ltd 1,87,490 2 Kudos Chemie Ltd. 1,68,368 3 Zoom Developers Pvt Ltd 1,65,657 4 Beta Naphthol 1,44,304 5 Winsome Diamonds & Jewellery Ltd 1,33,442 6 Kingfisher Airlines Ltd 1,21,808 7 Raza Textiles Limited 1,17,240 8 REI Agro Ltd 1,15,570 9 Kingfisher Airlines Ltd 1,10,584 10 Winsome Diamonds & Jewellery Ltd. 1,04,551
As on 31.3.2019 S. N. Borrower Name Total Amount 1 M/S Gitanjali Gems Ltd 4,63,352 2 ABG Shipyard Ltd 1,87,490 3 Zoom Developers Pvt Ltd 1,87,220 4 Promoter/ Directors of ABG Shipyard Ltd. 1,82,376 5 Kudos Chemie Ltd. 1,73,710 6 Beta Naphthol 1,73,613 7 Ruchi Soya Industries Ltd 1,62,398 8 Directors & Promoter of Amtek Auto Limited 1,57,448 9 Raza Textiles Limited 1,47,961 10 M/S Gili India Limited 1,44,543
As on 31.3.2020 S. N. Borrower Name Total Amount 1 Gitanjali Gems Ltd 5,00,704 2 ABG Shipyard Ltd 2,29,294 3 Beta Naphthol 2,09,021 4 Raza Textiles Limited 1,86,850 5 Promoter/ Directors of ABG Shipyard Ltd. 1,82,376 6 Zoom Developers Pvt Ltd 1,82,080 7 Kudos Chemie Ltd. 1,73,710 8 Directors & Promoter of Amtek Auto Limited 1,57,448 9 Gili India Limited 1,44,543 10 Sterling Global Oil Resources Pvt Ltd 1,28,042
As on 31.3.2021 S. N. Borrower Name Total Amount 1 Gitanjali Gems Ltd 5,49,148 2 ABG Shipyard Ltd 3,02,911 3 Beta Naphthol 2,51,411 4 Raza Textiles Limited 2,35,812 5 Shakti Bhog Foods Limited 2,34,155 6 Zoom Developers Pvt Ltd 2,06,785 7 Promoter/ Directors of ABG Shipyard Ltd. 2,06,774 8 Directors & Promoter of Amtek Auto Limited 1,78,452 9 Kudos Chemie Ltd. 1,73,658 10 Concast Steel & Power Limited 1,68,463
As on 31.3.2022 S. N. Borrower Name Total Amount 1 Gitanjali Gems Ltd 6,17,353 2 ABG Shipyard Ltd 3,02,531 3 Beta Naphthol 3,02,457 4 Raza Textiles Limited 2,97,603 5 Unitech Limited 2,67,692 6 Sterling Global Oil Resources Pvt Ltd 2,28,008 7 Shakti Bhog Foods Limited 2,23,780 8 Zoom Developers Pvt Ltd 2,16,617 9 Erstwhile Promoter/ Directors of ABG Shipyard Ltd. 2,06,774 10 Allied Steels Limited 2,04,240
As on 31.3.2023 S. N. Borrower Name Total Amount 1 Gitanjali Gems Ltd 6,17,352 2 Erstwhile Directors/Guarantors/ GCGS ofBhushan Power & Steel Limited 3,81,082 3 Raza Textiles Limited 3,75,586 4 Beta Naphthol 3,63,862 5 ABG Shipyard Ltd. 3,31,808 6 ABG Shipyard Ltd 2,87,383 7 Ex Directors ofDewan Housing Finance Corporation Ltd 2,82,710 8 Unitech Limited 2,67,692 9 Sterling Global Oil Resources Pvt Ltd 2,26,292 10 Shakti Bhog Foods Limited 2,23,778
As on 31.3.2024 S. N. Borrower Name Total Amount 1 Gitanjali Gems Ltd 6,22,879 2 Raza Textiles Limited 4,74,303 3 Beta Naphthol 4,37,946 4 Erstwhile Directors/Guarantors/ GCGS ofBhushan Power & Steel Limited 3,81,082 5 ABG Shipyard Ltd. 3,31,808 6 ABG Shipyard Ltd 2,84,583 7 Ex Directors ofDewan Housing Finance Corporation Ltd 2,82,710 8 Rank Industries Limited. 2,29,047 9 Sterling Global Oil Resources Pvt Ltd 2,26,292 10 Shakti Bhog Foods Limited 2,23,778
As on 31.3.2025 S. N. Borrower Name Total Amount 1 ABG Shipyard Limited 6,69,530 2 Gitanjali Gems Ltd 6,23,655 3 Beta Napthol Ltd 5,26,848 4 Rakeshkumar Kuldipsingh Wadhawan 4,29,123 5 Erstwhile Directors/Guarantors/ GCGS ofBhushan Power & Steel Limited 3,81,082 6 Raza Textiles Limited 3,26,000 7 Gilt Pack Limited. 3,08,071 8 ABG Shipyard Ltd 2,84,583 9 Rank Industries Limited. 2,65,504 10 Housing Development and Infrastructure Limited 2,54,093