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Loan Write-Offs vs Black Money – Explained

pvv vijay kumar

  P V Vijay Kumar After SBI announced write-off of loans worth about Rs. 7000 cr including what it had lent to the nefarious Mallya’s Kingfisher Airlines. There has been an uproar from the general public and also from many intellectual and political quarters as well, that this write-off is denotation of waiver of loan. …