India’s Plan To Decriminalise Bounced Cheques, Sarfaesi Provisions May Hurt Banks, Clog Courts
A customer uses a credit card to make a contactless payment (Photographer: Simon Dawson/Bloomberg)

India’s Plan To Decriminalise Bounced Cheques, Sarfaesi Provisions May Hurt Banks, Clog Courts

India plans to decriminalise economic offences including bounced cheques and violation of the provisions of a loan recovery law, a move that may come as a blow to lenders and trigger litigation.The...
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