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All you must know about 68,607 Crore Loan Write Off/Waive Off!

 

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The Reserve Bank of India said in an RTI reply that Indian banks have written off Rs 68,607 crore of debt of top 50 willful defaulters till September 30, 2019. This defaulters list include firms of Mehul Choksi and Vijay Mallya. Many people still have a question that did PM Modi really write off the loan. In this video, Mr. C S Sudheer has explained everything you need to know about this news. Also, he has spoken about the difference between waive off and write off of loans. 

 

 
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