Loan defaulter News
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Rejecting calls for naming and shaming of all big defaulters, Reserve Bank Governor Raghuram Rajan today said it will lead to undue panic and kill business activity.
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In order to tackle the crisis on bad loans, the Centre is contemplating a revamp on loan defaulters.
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Finance Minister Arun Jaitley on Saturday said that defaulters will not be spared as the government will not write off any bad loans.
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