Why personal-guarantor recoveries are so tiny — and why Chandra’s was tinier still

Subhash Chandra was offering just 0.03% of the loans for which he was a personal guarantor. But there should be no surprise here.

In the history of such settlements in India, guarantors have paid an average 1% of the amount they stood guarantee for

This story was reported by The Times of India. Read the full coverage at The Times of India.