Tag: wilful defaulters
An umbrella body of nine bank unions has called a day-long strike on Tuesday to protest the government's "anti-people banking reforms" and to press for compensation to employees for extra work done on account of demonetisation and booking loan defaulters.....
Indian banks have technically written off a staggering amount of Rs 68,607 crore due from 50 top wilful defaulters, including absconding diamantaire Mehul Choksi, according to a reply under RTI from the Reserve Bank of India (RBI).....
Terming attempts by the Opposition of raising the issue of banks writing off debt of wilful defaulters as "misleading" Finance Minister Nirmala Sitharaman said that the Modi government was in fact cleaning up the financial system and going after wilful defaulters while remaining committed to ending corruption and cronyism. ....
The Congress has hit back at the Finance Minister who alleged that the party is misleading on facts on the issue of wilful defaulters. Congress Chief Spokesperson Randeep Surjewala said that Finance Minister Nirmala Sitharaman is twisting facts instead of giving answers.....