As banks' outstanding dues shot up to a whopping Rs 8.58 lakh crore, Maharashtra and Delhi top the list of defaulters, as per the latest official data of TransUnion CIBIL Ltd.
The figures show that as on March 31, 2022, there were 30,359 records of borrowers with defaults of Rs one crore and above, with recovery suits filed against them by various banks, total ling to outstanding of Rs 858,396.32 crore.
This amount has more than tripled since March 31, 2017 from 17,236 accounts facing lawsuits to recover Rs 258,266.97 crore Rs 2.58 lakh crore) covering 32 states, compared with 2022, as per the CIBIL data.
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