Bankers wary of SFIO action against over 200 officials in BSPL case
  • WebDesk BTVI
  • Jul 26 2019

As the SFIO recommended action against about 200 bank officials in connection with the Bhushan Steel Ltd case, bankers have expressed concern about the crackdown. The SFIO chargesheet which spanned across about 70,000 pages mentions over 250 bank officials. The investigation into all actions taken by banks is making bankers worry as they say commercial decisions are subjective.