The All-India Bank Employees Association (AIBEA), will observe 5 December as 'All-India Demands Day' to highlight the threat of bad loans to the banking sector, which it claims, has been made worse by banks recasting debt of even willful defaulters. The association wanted the government to make willful default of bank loans a criminal offence, and bring changes in debt recovery laws to speed up recovery of loans instead of allowing debtors to roll over bank loans........
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