GUWAHATI: The State Bank of India (SBI) on June 28 disclosed the names of 10 big firms and their top officials and declared them as "wilful defaulters".
According to public notices issued by the Stressed Assets Management Branch 1 (SAM-1), Cuffe Parade, the defaulters include players from pharmaceuticals, gems and jewellery, power, infrastructure and other sectors.
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The defaulters are mostly based in Mumbai and have been served repeated reminders to clear their outstanding dues of nearly Rs. 1,500 crore.
It should be mentioned that SBI has warned the borrowers of legal action if they fail to repay their dues with interest and other charges within the next 15 days.