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https://thewire.in/banking/why-is-the-rbi-supporting-wilful-defaulters-at-the-cost-of-middle-class-depositors
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Why Is the RBI Supporting Wilful Defaulters at the Cost of Middle Class Depositors? - The Wire
6/16/23 at 1:30pm
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Business & Industrial
Banking
Credit & Lending
RBI Supporting Wilful Defaulters
Wire
RBI's move to settle loans of wilful defaulters will a have serious impact on the banking system. It is the middle class people whose deposits will be used for writing off loans with a small recovery.
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