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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 68,607crore of debt of top 50 willful defaulters till September 30, 2019. These defaulters’ lists include firms of Mehul Choksi and Vijay Mallya. From the time this controversial news broke out, there has been a massive discussion all over social media whether did PM Modi really write off their loans. Are you also pondering about the same?  Then, there are some basic things you must know such as the difference between waive off and write off. In this video, Mr. C S Sudheer has explained everything you need to know about this news. Watch the video to know the detailed content.

 

 

 
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