..........More such unwanted publicity is in store for many big-ticket loan-takers whose accounts have turned bad loans (or NPAs, non-performing assets, in banking parlance). So far, Bipin Vohra of SPS group, Sandip Jhunjhunwala of Rei Agro, and Manoj Jain of Jain Infraprojects have figured in the bank’s zeal to humiliate industrialists by placing advertisements, carrying picture of directors on the board of defaulting companies. A prominent absentee in the names published so far is Vijay Mallya, the bank’s most high-profile defaulter. While United Bank has gone after Mallya with great enthusiasm in trying to recover some of the Rs400 crore lent to Kingfisher Airlines, his name doesn’t figure in the bank’s list of wilful defaulters as on June-end.........
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