What is the minimum outstanding balance in a non-performing borrowal account that requires reporting as a willful default?

As per RBI guidelines, scheduled urban cooperative banks (UCBs) and other reporting institutions must submit quarterly reports of willful defaults. • All non-performing borrowal accounts with outstanding balances (including both funded facilities and such non-funded facilities that have been converted into funded ones) of ₹25 lakh and above are to be reported. • The system of reporting was introduced for defaults detected after March 31, 1999. • This reporting mechanism is meant to ensure early detection, transparency, and dissemination of information to prevent further lending to such defaulters. Thus, the threshold for reporting willful defaults is ₹25 lakh and above.