Why personal-guarantor recoveries are so tiny — and why Chandra’s was tinier still
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All 1 reports on Thu, 3 September 2026
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Thu, 3 September 2026
1 report- Times of India12:01first to report
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