....... the Association also wants responsibility fixed on banks’ top brass for the loans that have turned bad, allow banks to share information on non-performing assets and wilful defaulters under the Right to Information Act, and declare wilful loan default as a criminal offence. Vishwas Utagi, General Secretary, Maharashtra State Bank Employees Federation, an affiliate of AIBEA, said public money is at stake when banks enter into one-time compromise settlements with loan defaulters, or write off bad loans or allow corporate borrowers to restructure debt..........
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