45 Firms owe over Rs. 5,000 Cr Each to 5 Public Sector Banks..!

The government said (July 22, 2015) as many as 44 corporate borrowers had taken loans in excess of Rs. 5,000 crore each from public sector banks as of March 2015.

While the total outstanding corporate loans of the state-owned banks stood at Rs. 23.52 lakh crore, these 44 borrowers (owing Rs. 5,000 crore and above) accounted for over Rs. 4.87 lakh crore, Minister of State for Finance Mr. Jayant Sinha said in a written reply to the Rajya Sabha.



State Bank of India (SBI), Bank of Baroda, Bank of India (BoI), Canara Bank and Union Bank of India are the 5 public sector banks.
Share:

No comments:

Post a Comment

Popular Posts

Blog Archive

Recent Posts

Featured Post

Coverton Insurance Broking - a one-stop solution for businesses and individuals seeking expert risk management

Coverton Insurance Broking Launches Comprehensive Insurance Broking Services to Simplify and Enhance Risk Management for Businesses and In...