Bank Employees Federation of India president A. K. Ramesh and general secretary Pradip Biswas released Bank loan defaulters List.
The same was released on 23.07.2014 at various centers throughout India.
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BEFI Calls to enact law to book corporate defaulters of bank loans!
Bank Employees Federation of India (BEFI) general secretary Pradip Biswas on Tuesday urged the Union government to enact stringent laws to deal with corporate houses wilfully defaulting on huge loans from public sector banks.
Talking to The Hindu on the sidelines of a State-level workshop of BEFI activists here, Mr. Biswas alleged that a nexus of politicians and corporate houses was active across the country to swindle money from the State exchequer by borrowing huge loans from nationalized banks and refusing to repay them.