India's New Age Robbers | Why are Banks silent about this Mega-Loot? | Akash Banerjee & Manjul

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In an admission in Parliament the Finance Ministry has revealed that just the TOP 50 wilful loan defaulters in India owe banks close to 1,00,000 CORE RUPEES! - Another RTI shows that just 300 defaulters who owe banks more than 100 core each - have a cumulative loan default of 1.4 LAKH CRORE RUPPES.

Who sanctioned these loans ? How were these bad loan processed ? Why are rules only enforced when a middle class Indian or a farmer comes to ask for the loan? Why is the recovery process different for different people ? Why is the law so radically different for rich and poor (even when the rich default?)

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Credits :
Script : Manjul
Edit : Tushar, Khursheed & Shivam
Thumbnail : Khursheed
Producer : Sahil Likhar

#loanfraud #lootmoney #bank