Fin Min Not Letting Up On Defaulters
  • Elizabeth George
  • Sep 26 2013

September 26: The finance ministry is not letting up on the crackdown on willful defaulters. Exactly a month after the last meeting with bankers, the Financial Services Secretary Rajiv Takru has called for another meeting and asked for reports from PSU banks on the action taken against defaulters to either bring in more equity or a change the management.