In contrast, IDBI has filed suits against 123 borrowers to recover loss assets worth Rs 203.904 crore and ICICI has taken to court 76 corporates to recover Rs 190.432 crore stuck in bad loans.

According to the latest Reserve Bank of India report on the list of borrowal accounts against which suits have been filed, the biggest defaulter of loans sanctioned by IFCI is the Delhi-based Nova Iron & Steel which accounts for sticky loans worth Rs 56.82 crore. P Murari, RK Gambhir, Narsingh Awtar, VK Sakhuja, M Ramachandran and GK Gambhir are on the boards of this company.

IFCI has also filed a suit against Nova Udyog Ltd to recover Rs 15.84 crore. The companyis controlled by IS Gambhir, who is also one of the partners of Nova Iron & Steel, LK Luthra, SK Luthra, Jagdish Khanna, RR Pahwa and JP Jaiswal.

About Rs 12.5 crore worth of bad loan of the term-lending institution is locked in Makan Colorchem Ltd which is controlled by Manjit Singh, Davindr Singh Makan, Anjali Makan, KC Sodhia, MP Mehrotra and TS Shuratnam.

IDBI's largest sticky account -- worth Rs 64.15 crore -- belongs to the scam-tainted MS Shoes controlled by Pawan Sachdeva, Sadhna Sachdeva, Krishna Sachdva and Urmil Suri. IFCI has lent Rs 5.02 crore to the company.

IDBI has a sum of Rs 13.08 crore blocked in the Bangalor-based Bifora Watch Co controlled by Ashok Bhatia, Jawar Khandari and Bharat R Gajaria. Another sticky loan of the institution -- worth Rs 7.66 crore -- is locked in Indian Carbides & Chemicals Ltd controlled by Subas Pant, RK Dutta, BK Jalan, P Chakravarty, NN Patra and SS Rajan. Incidentally, ICICI has lent Rs 7.84 crore to the company.

IDBI has a sticky outstanding of Rs12.12 crore in Indo Maxwell controlled by GS Mishra, SR Mohapatra, PR Pattanayak, K Sitarama Raju, V Viswanath and K Krishnam Raju and Rs 8.59 crore in Karnataka Ball Bearing Corporation.

ICICI has a total outstanding of Rs 13.18 crore in the company while IFCI has lent Rs 3.26 crore to the company.

The list of other major suit-filed accounts in ICICI includes Bombay Offshore Supplies & Services (Rs 6.94 crore) and Kalyan Keonics Ltd (Rs 6.51 crore).