The private sector lender has initiated the process to categorise Goyal and his wife Anitia as `wilful defaulters’. A ‘wilful defaulter’ tag by banks may stain the reputation of persons and restrict their ability to borrow and hold board positions in companies.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/yes-bank-tightens-noose-around-jet-airways-founder-naresh-goyal/articleshow/77835204.cms
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