Leaders of Bank Employees’ Unions have demanded that name of the top corporate willful defaulters should be published and made public immediately. One of the AIBOC leader from Kolkata said that
“The Reserve Bank of India has been steadfastly refusing to divulge the names of top corporate wilful defaulters. In the days to come, the position of NPAs will worsen if the names of wilful defaulters are not published immediately and treated as criminal offenders,”
He stated that more than 60% of NPAs belongs to wilful default of large corporates and government failed to bring in any stringent action towards it.
The union leader said that “Every state unit of AIBOC will meet Chief Minister of respective states to oppose any move to merge public sector units.”
The leader also pointed out the following issues:
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