Loan waiver to capitalists is a rumour: FM Arun Jaitley
Dismissing rumours that loans of capitalists are being written off, Finance Minister Arun Jaitley has said the government has not waived off loans of any big bad loan defaulters. He said cases have been instituted for time-bound recovery from 12 largest defaulters. He added the government has recognised previously concealed bad loans worth â¹4.5 lakh crore after scrutiny.