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CutTheClutter: Mehul Choksi arrest in Belgium reopens dark chapter of bad debts crisis in Indian state-owned banks
Manage episode 477031229 series 2622657
Acting swiftly after his arrest in Antwerp, India has requested Belgian authorities to extradite fugitive businessman Mehul Choksi. In Episode 1640 of Cut The Clutter, Editor-in-Chief Shekhar Gupta draws up a balance sheet of India’s public sector banks and explains how bad debts taken out by businessmen, now on the run, pushed them into a rut.----more----Read Shekhar Gupta's National Interest article here: https://theprint.in/national-interest/if-modi-want-legacy-must-undo-indira-gandhis-bank-nationalisation/36254/
1427 episodes
Manage episode 477031229 series 2622657
Acting swiftly after his arrest in Antwerp, India has requested Belgian authorities to extradite fugitive businessman Mehul Choksi. In Episode 1640 of Cut The Clutter, Editor-in-Chief Shekhar Gupta draws up a balance sheet of India’s public sector banks and explains how bad debts taken out by businessmen, now on the run, pushed them into a rut.----more----Read Shekhar Gupta's National Interest article here: https://theprint.in/national-interest/if-modi-want-legacy-must-undo-indira-gandhis-bank-nationalisation/36254/
1427 episodes
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