Older student-loan borrowers have been falling behind since the federal government ended its pandemic-era payment pause.

RBI directs banks to classify wilful defaulters within six months of NPA tagging, tightening norms to improve credit discipline from April 2027.

Anyone would balk at the idea of granting yet another rescheduling facility to a defaulter who has outstanding loans of Tk 1,168 crore since 1993 and has not shown any genuine interest or effort in ...

A: A wilful defaulter is a person who does not pay his dues to the bank despite having a positive cash flow and assets. A person who siphons out funds from the entity which has borrowed monies from a ...