My Authors
Read all threads
After @nsitharaman refused to answer Wayanad MP @RahulGandhi's question on top 50 willful defaulters in the Lok Sabha, I'd filed an RTI asking the same question.

The RBI responded to my RTI with a list of willful defaulters (and the amount owed) as of 30th Sep, 2019.

(1/2)
- This list is NOT new & was published by The Wire earlier. It's shocking that RBI claims they haven't updated it since 30 Sep, 2019.

- RBI also claims that list of overseas borrowers is exempt from disclosure - means they WILL NOT name willful defaulters in tax havens.

(2/2)
PS: The total amount owed by top 50 willful defaulters is Rs. 68,607 crores (US$ 8 billion)

That equals:

- 8 times the amount India has borrowed from the World Bank for fighting Covid-19.

or

- 30% of India’s Covid-19 stimulus package.

or

- 45 crore Covid-19 testing kits.
Missing some Tweet in this thread? You can try to force a refresh.

Enjoying this thread?

Keep Current with Saket Gokhale

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!