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Podcast: Moneylife News Bites
Episode: Two Indias of Insolvency: Why Small Borrowers Lose, Big Defaulters Win
Description: India’s insolvency system seems to operate with two rulebooks — one for honest small borrowers who lose their livelihoods, and another for powerful defaulters who walk away with massive “one-time settlements”.In this audio, we break down Sucheta Dalal’s exposé on the shocking contrast between the treatment of a Mumbai doctor couple—driven to ruin by an ARC—and the extraordinary leniency shown to the Sandesara brothers, declared fugitive economic offenders in a ₹14,000–16,000 crore fraud. Hosted on Acast. See acast.com/privacy for more information.