Subhash Chandra was offering just 0.03% of the loans for which he was a personal guarantor. But there should be no surprise here. In the history of such settlements in India, guarantors have paid an average 1% of the amount they stood guarantee for
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.