Which Indian wilful defaulters owe the most to banks?
India's wilful defaulters owe over â¹1.1 trillion to banks and the major defaulters include Jatin Mehta-promoted Winsome Diamonds and Jewellery and Forever Precious Jewellery, which owe around â¹5,500 crore. Vijay Mallya's Kingfisher Airlines has to pay back over â¹3,000 crore to banks. Kolkata-based FMCG firm REI Agro, which is owned by Sandip Jhunjhunwala, owes about â¹2,730 crore to banks.