Loan waivers for all a terrible idea (The Economic Times)


The ministry of corporate affairs is reported to be working on a universal debt relief scheme for small borrowers. If loans can be written off for farmers and big companies, why discriminate against small borrowers? Such an argument for equality is misplaced. Writing off loans for micro enterprises might not harm banks in the short…


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Updated: May 14, 2019 — 10:58 PM