Bona Fide Cause or Wilful Lapse

20 04 2008

Yesterday, The Economic Times reported a claim made by the General Manager of Bank of India (Gujarat Region) that hitherto the bank had only two defaulters on  their education loans extended to IIM-A students.

 

Why even two? It is the collateral value of the brand IIM-A that is at stake here. IIM- A Alumni Association, are you listening?

 

 – G. Mohan

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