Why personal-guarantor recoveries are so tiny — and why Chandra’s was tinier still
WorldPing
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…
This is a short WorldPing brief. The full report was published by Times of India.