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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 summarizes reporting from Times of India. Read the original for full context. Wire items stay in our news sitemap for seven days. Editorial policy.

Read full story on Times of India →
CHANDRIMA BANERJEE3 Sept 2026, 12:01 pmUpdated 3h ago1 min readIndiaIndia
Why personal-guarantor recoveries are so tiny — and why Chandra’s was tinier still

India — CHANDRIMA BANERJEE

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 report is published with credit to Times of India. The wire sent a summary; open the original for any extra context. Read on Times of India →

Source: Times of India · CHANDRIMA BANERJEE. Published 3 Sept 2026, 12:01 pm.

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