Will make defaulters list public: RBI Governor Raguram Rajan
The Reserve Bank would soon make the list of willful defaulters available to public viewing, as revealed by Governor Raguram Rajan. He said they also plan to design a mechanism for out-of-court settlement for disputes related to sticky loans. He mentioned that all names wouldn’t be made public, as serious defaulters and those who forget to pay their credit card bills can’t be clubbed together. To get latest current affairs view here.