The business of wilful default

Print edition : August 19, 2016

Kingfisher Airlines employees protest in New Delhi in October 2012 against non-payment of their salaries by the Vijay Mallya-owned now-defunct airline whose aggregated debt is estimated at Rs.9,000 crore. Photo: Sushil Kumar Verma

The AIBEA general secretary C.H. Venkatachalam, with the list of bad loan accounts in public sector banks, in May 2014, at a press meet in Chennai. Its latest list of wilful defaulters on debt owed to commercial banks, the fourth round, has 5,610 names. Photo: M. SRINATH

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