India’s Big Loan Loot? | Will Subhash Chandra & Other Hi-Profile Defaulters Be Punished? | Akash B
🚨Best Term Plan - Upto 15% Discount👇🏻 https://bit.ly/46v1B8G The Subhash Chanda case has reminded us that when it comes to the law, India has two sets of rules - one for the middle class and one for big businesses. Ordinary citizens get punished and humiliated by banks & loan recovery agents for small amounts - while big capitalists get a ‘haircut’ worth thousands of crores. How can a ₹22,000 crore loan be considered to be written down to ₹6.25 crore??? Bizarre as it may sound - it almost became a reality for Subhash Chandra and he would have not been the first to get a massive ‘haircut’ benefit… thousands of crores of rupees have been siphoned off like this - while the common man pays penalty for not maintaining his ‘minimum balance’ Why do banks recover so little from large borrowers, why are the names of many major defaulters kept confidential and what does the Subhash Chandra case tell us about the larger pattern of banking ‘haircuts’ in India? 🇮🇳 SUBSCRIBE FOR MORE VIDEOS 🇮🇳 - https://www.youtube.com/thedeshbhakt ▶️ ⛔️ BECOME AN ANNUAL DESHBHAKT MEMBER - https://www.patreon.com/thedeshbhakt ⛔️ Unlock MEMBER ONLY: 1) Chats 2) Discord Server 3) Special Episodes OR Join this channel on You Tube to get access to perks: https://www.youtube.com/channel/UCmTM_hPCeckqN3cPWtYZZcg/join 👕 DESHBHAKT MERCH - India's First Line of Socially & Politically aware tees 👕 https://kadakmerch.com/collections/thedeshbhakt 📧 BUSINESS ENQUIRIES - contact (at) thedeshbhakt (dot) in 📧 *** SUBSCRIBE / FOLLOW US *** YouTube: - https://youtube.com/thedeshbhakt Twitter :- https://twitter.com/thedeshbhakt Instagram :- https://instagram.com/akashbanerjee.in Facebook :- https://www.facebook.com/akashbanerjee.in #subhashchandra #haircut #loanscam
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