The Associated Chamber of Commerce & Industries- Kashmir (CCIK) is surprised at the recent disclosure of heavy bank defaults and NPAs flying thick and fast in all types of media. It said the alleged amount of defaults runs in thousands and lakhs of crores in which leading banks were the parties. “If allegation of thousands of crores was made against one party, that same one defended it by pointing out defaults of some other party are running in lakhs of crores and why he alone should be maligned.” It said…
Read MoreDon’t name, shame borrowers publicly: CCIK to Banks
