Who are the perennial wilful offenders of the country?
The giant sized loans of tens of thousands of crores, given by banks to the most
unworthy/undeserving borrowers and the soft kid glove treatment given to them, when they
deliberately defaulted, has always been shrouded in inexplicable secrecy. Bankers have been
unwilling to reveal their names. Even when these powerful borrowers were found to be wilful
defaulters, the bankers were unwilling to take any coercive recovery action and strangely,
they were also unwilling to disclose their names. Who are these offenders? Mr. Akhilesh Bhargava, Business Editor of HW Business and Finance shares his insights on the matter.