Arun Jaitley defends loan write-offs; says they don't lead to waiver, recovery still pursued

"This however does not lead to any loan waiver. Recovery of loans continues rigorously by banks," he said. "In fact the defaulting management of most insolvent companies have been removed under the Insolvency and Bankruptcy Code (IBC)."

from Economy-News-Economic Times https://ift.tt/2NVmjJa