Abhinandan Mishra

Abhinandan Mishra



Jaiprakash Associates Limited, commonly known as Jaypee Group, informed the authorities yesterday that it has defaulted on the payment on payment of interest/ repayment of principal amount on loans from banks/ financial institutions to the tune of Rs 3635 crore.

The lenders include- Axis Bank Limited , Bank of Maharashtra, Bank of lndia, Canara Bank, Bank of Baroda, Union Bank of lndia, Central Bank of lndia, lClCl Bank Limited, Export-lmport Bank of lndia, lndian Overseas Bank, lDBl Bank Limited, lFCl Limited, The Jammu and Kashmir Bank

Limited, The Karur Vysya Bank Limited, DBS Bank lndia Limited, Life lnsurance Corporation of lndia, The South lndian Bank Limited, Punjab National Bank, Punjab and Sind Bank, State Bank of lndia, Standard Chartered Bank, SlDBl, lndusind Bank Limited, HDFC Ltd. , UCO Bank,

lndian Bank, Yes Bank,ACRE Limited,ARCIL,Canara Bank (e-Syndicate Bank),lndian Bank (e-Allahabad Bank), Punjab National Bank (e-Oriental Bank of Commerce), Punjab National Bank (e-United Bank of lndia), Union Bank of lndia (e-Andhra Bank), Union Bank of lndia (e-Corporation Bank)

The total amount of outstanding borrowings of #Japyee from Banks/financial institution on Provisional basis is Rs 277O4 crore.

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