Why personal-guarantor recoveries are so tiny — and why Chandra’s was tinier still
Subhash Chandra was offering just 0.03% of the loans for which he was a personal guarantor. But there should be no surprise here. In the history of such settlements in India, guarantors have paid an average 1% of the amount they stood guarantee for
We haven't written up this one. Times of India has the full story — the link below goes straight to it.