Key Highlights
- To date, banks have recovered just over ₹19,000 crore — roughly 33% of the total dues.
- Earlier this week, the Ministry of Finance informed Parliament that 15 individuals had been declared FEOs as of October 31.
- Nine of them are involved in large-scale financial fraud, and the amounts they owe have been made public.
- State Bank of India (SBI) is owed over ₹22,000 crore, followed by Punjab National Bank and Bank of India.
- The chart below shows the Amount owed to the banks and the amount recovered.
