CutTheClutter: Mehul Choksi arrest in Belgium reopens dark chapter of bad debts crisis in Indian state-owned banks

Acting swiftly after his arrest in Antwerp, India has requested Belgian authorities to extradite fugitive businessman Mehul Choksi. In Episode 1640 of Cut The Clutter, Editor-in-Chief Shekhar Gupta draws up a balance sheet of India’s public sector banks and explains how bad debts taken out by businessmen, now on the run, pushed them into a rut.Read Shekhar Gupta's National Interest article here: https://theprint.in/national-interest/if-modi-want-legacy-must-undo-indira-gandhis-bank-nationalisation/36254/