Yes Bank moves in to name wilful defaulters

Private sector lender Yes Bank plans to declare former promoters of the bankrupt Cox & Kings, Peter Kerkar and his sister Urrshila Kerkar, wilful defaulters after the travel services firm failed to repay loans. The wilful defaulters’ tag will make it tough for the Kerkars to borrow from banks and financial institutions.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2P2PuJ5