Comments by "M" (@mg.f.9023) on "How interest rate actions by Japan, US u0026 EU could affect India" video.

  1. "The Prime Minister has always eagerly bent or changed rules to help his friends in a few large business groups." "The latest example is a clean chit to all wilful defaulters and frauds who have run away with public money. On 8 June 2023, the RBI issued instructions under a "Framework for Compromise Settlements and Technical Write-offs" that allowed banks and other financial entities to "undertake compromise settlements or technical write-offs in respect of accounts categorised as wilful defaulters or fraud without prejudice to the criminal proceeding underway against such debtors." These accounts will be permitted to take fresh loans after a 12-month "cooling period","
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