Zoom Developers and Kingfisher Airlines feature in the updated list of willful defaulters released today by the Punjab National Bank (PNB) citing loans and defaults.
According to the data published on the bank's website, 913 borrowers have been classified as willful defaulters, who are collectively liable to pay over Rs. 11,480 crore to the bank as of March 2016 compared to Rs. 10,870 crore in February.
The PNB, which released the last list in February, added nine new willful defaulters, who owe Rs. 616 crore to the bank.
According to the data, the other defaulters on the list include Winsome Diamonds and Jewellery, Forever Precious Jewellery and Diamonds.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
