Why sell a profitable bank instead of recovering dues from wilful defaulters

 

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IDBI Bank’s total willful defaulters as of Aug 31, 2023, amounted to staggering Rs.25,374 crore!

Top 16 defaulters alone owe over 50% – a massive Rs.12873 crore.

Why sell a profitable bank instead of recovering these dues?

Let’s halt the sale of IDBI Bank!

 

 

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