61 raids in 1 day: CBI clamps down on loan defaulters

On 3rd July, CBI launched a massive crackdown of loan defaulters carrying out searches at over 61 locations in 18 cities.

India’s list of wilful defaulters is growing

Finance Minister informed the Lower House that public sector banks (PSBs) had filed suits for recovery from defaulters in 8,121 cases till March 31, 2019.