₹28,784 crore of loans as wilful defaults in the April-December period of 2020, when the coronavirus pandemic swept across India, up from ₹23,783 crore a year ago Indian banks classified ₹28,784 crore of loans as wilful defaults in the April-December period of 2020, when the coronavirus pandemic swept across India, up from ₹23,783 crore a year ago.A bank can label a borrower as a wilful defaulter if a loan is not repaid despite having the means to repay, and also when the loan is used for a purpose different from what it was taken for.According to the latest data on suit-filed accounts from credit bureau TransUnion Cibil, the total outstanding wilful default as of 31 December now stands at ₹2.4 trillion.