Why is personal bank guarantee of big defaulters not invoked by public sector Banks: Supreme Court asks FinMin to reply on representation

The Supreme Court noted that the issue concerning failure of Public Sector Banks to invoke personal guarantee of big defaulters was pertinent and allowed the petitioner to approach the FM with represe ...
Why is personal bank guarantee of big defaulters not invoked by public sector Banks: Supreme Court asks FinMin to reply on representation
Ministry of Finance

The Supreme Court on Monday asked the Ministry of Finance to furnish a response on the question of why personal guarantees of big corporate loan debtors is not invoked. (Saurabh Jain vs Union of India)

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