Central Bank of India faces ₹1.44 lakh crore default burden
pre-market1 source ↓written by the desknot a recommendation
- against major defaulters
- 4,903 recovery cases
- which owes
- ₹25,299 crore
- as of January
- ₹29 lakh crore
Public sector lender Central Bank of India is dealing with loan defaults totaling ₹1.44 lakh crore from large corporate borrowers. The bank has initiated 4,903 recovery cases against major defaulters, including the Videocon Group, which owes ₹25,299 crore. This situation underscores the increasing stress in India’s banking sector.
The total large-value defaults across public sector banks have surpassed ₹29 lakh crore as of January 2026, highlighting significant challenges for recovery efforts and potential implications for market sentiment.
Not investment advice. For informational purposes only.