50 lakh people took loans from more than 4 microfinance companies, now have become defaulters!
Microfinance Loan Crisis: The most deprived section of the society is getting trapped in the web of debt. For such people, micro finance companies are the biggest means of obtaining…
Ex-finance minister Arun Jaitley had given go-ahead to clean up bad loans, says Raghuram Rajan – Times of India
MUMBAI: Former finance minister Arun Jaitley had encouraged Raghuram Rajan to take decisive action on cleaning up bad loans of Indian banks, the former RBI governor said in a recent…