Wary of round tripping, lenders’ loan recovery efforts hit a fresh hurdle – Economic Times

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Wary of round tripping, lenders' loan recovery efforts hit a fresh hurdle
Economic Times
MUMBAI: Banks are encountering a new problem as they try to recover bad loans by selling defaulters' assets. Some of the potential buyers are the people who took loan by pledging the same assets and then failed to repay the money, or their associates.

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