March 18, 2025
Rajya Sabha MP Ritabrata Banerjee’s supplementaries on his starred question on the amounts owed to the government by wilful defaulters and the action taken against them, and details on the recapitalisation measures undertaken by the government for public-sector banks with a high volume of non-performing assets (NPA)
Sir, roughly, loans worth around Rs. 12 lakh crore have been written off by the nationalized banks. From the answer, we gather that the amount of recovered loans is Rs. 1,26,000- plus, that is, roughly ten per cent. Through you, Sir, I would like to know if the hon. Minister could provide the House with the details of the top 20 wilful defaulters in India as on date and state specifically what action has been taken to recover the outstanding amounts from these wilful defaulters. It will be greatly appreciated if the hon. Minister could furnish a written response on this with details. Sir, my specific question was about the nationalised banks. Overall, Rs.16.35 lakh crores have been written off. Out of this amount, Rs.12 lakh crores were of nationalised banks. The answer given by the Government shows that the recovery is of Rs.1,26,000 crore, that is, merely 10 per cent. So, 90 per cent of the loans is not recovered. Now, my second supplementary, through you, is this. Could the Minister state the details of the cases where the Government has taken recapitalisation measures for public sector banks facing a high volume of Non-Performing Assets? Please also state the details of the funds for recapitalisation released to these banks in the last five years. I will urge, through you, that I need a specific answer. The earlier answer was not at all specific.
