Farmers defaulting on loans in hope of waiver

Farmers defaulting on loans in hope of waiver
By

Expectation of loan waiver has prompted farmers across states to stop repayment of money owed to financial institutions. This adds pressure on banks that are already grappling with a record pile of bad corporate debt. Several bankers TOI spoke to confirmed that there was a rising trend of farmers refusing to clear dues.

June 13, 2017 at 07:20AM
via The Times of India http://ift.tt/2sgTta0

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