Economic offenders who fled the country owe ₹39,000 crores to Indian Banks?
Just nine Fugitive Economic Offenders (FEOs) owed Indian banks over ₹58,000 crore in principal and interest. Despite having arrest warrants issued against them, these FEOs have left India and refuse to return to avoid criminal prosecution. Of this, the principal amount owed is ₹26,645 crore, while interest accounts for ₹31,437 crore. To date, banks have…
Read More “Economic offenders who fled the country owe ₹39,000 crores to Indian Banks?” »