new delhi allahabad bank and idbi top the list of 21 banks and financial institutions having a total tax outstanding of over rs 900 crore at the end of 200001 allahabad bank with an outstanding of rs 28430 crore was closely followed by idbi with rs 266 crore dues during last fiscal finance ministry sources said among leading banks canara bank had a tax outstanding of rs 73 crore while that of state bank of saurashtra amounted to rs 6304 crore indian bank rs 55 crore dena bank rs 47 crore andhra bank rs 21 crore punjab sind bank rs 1759 crore and tamil nadu industrial investment corporation rs 1350 crore the sources said icici had a rs 2111 crore income tax outstanding till march 31 2001 while its subsidiary icici personal financial services had an outstanding of rs 123 crore the outstanding taxes have accumulated because of several reasons such as litigation in appeals stay granted by appellate authorities pendency in settlement commission and bifr and other reasons they said among the top 21 banks and fis which defaulted on tax payments at least six were state financial corporation from west bengal kerala gujarat bihar and tamil nadu concerned over high outstanding tax payments government has prioritised the process of collection and reduction of arrear demand and appropriate administratve legal and other measures to recover the dues the sources said