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.
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