Most Corporate Loan Defaults in India Were Genuine Business Failures, Not Fraud
Sanjeev Sanyal · PM Modi’s Economic Advisor On Kolkata’s Decline, Amrit Kaal & $10 Trillion Economy I Sanjeev Sanyal · Dec 22, 2023 · at 20:37
Sanjeev Sanyal, member of the Prime Minister's Economic Advisory Council, discusses Indian corporate insolvency and the distinction between commercial failure and financial crime.
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“The bulk of the cases that went wrong were just business failures, and do not confuse them.”
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