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Rs 9.73 Crore Loan Default in SBI, Central Bank and Karur Vysya Bank

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A company named Patspin India Limited has defaulted on payment of interest/repayment of principal amount on loans from banks. The total outstanding amount is Rs.56.67 crore. Of the total amount outstanding, amount of default as on date (Principal +Interest) is Rs.9.73 crore. The company had taken loans from Central Bank of India, State Bank of India and Karur Vysya Bank Ltd.

Sl NoType of DisclosureDetails
1Name of the companyPATSPIN INDIA LTD
2Date of Making Disclosure05.07.2025
3Nature of obligationFinancial Facilities
4Name of the lender(s)Central Bank of India
State Bank of India
Karur Vysya Bank Ltd
5Date of Default30.06.2025
6Current Default amount (Break-up of Principal and Interest in INR Crores)Principal: ₹6.66 Crore
Interest: ₹3.07 Crore
7Details of the obligation (total principal amount in INR crore, tenure, interest rate, secured / unsecured etc.)Annexure I
8Total amount of outstanding borrowings from Banks / financial institutions (in INR crore)₹56.67 Crore
9Total financial indebtedness of the listed entity including short-term and long-term debt (in INR crore)₹56.67 Crore

Loan Default Details as on 30.06.2025

BankWCTL O/s as on 30.06.2025Interest PayablePrincipal Repayment
Central Bank of India₹33,00,00,000₹1,79,37,272₹3,87,75,000
State Bank of India₹20,76,70,000₹1,12,30,556₹2,44,45,000
Karur Vysya Bank₹2,90,70,000₹14,99,810₹34,20,000
Total₹56,67,40,000₹3,06,67,638₹6,66,40,000

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