After @nsitharaman refused to answer Wayanad MP @RahulGandhi& #39;s question on top 50 willful defaulters in the Lok Sabha, I& #39;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& #39;s shocking that RBI claims they haven& #39;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.