Tag Insolvency

Insolvency proceedings, debt resolution, creditor recovery and related legal or financial processes.

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Ashneer Grover’s ₹22,000-crore UPI comparison conflates a personal-guarantee insolvency haircut with public payment funding

A WhattsViral India graphic attributes to Ashneer Grover the claim that ₹22,000 crore linked to Subhash Chandra could have funded free UPI for 20 years. The comparison is misleading: the ₹22,006.57 crore figure concerns admitted claims in Chandra’s personal-guarantor insolvency process, not a demonstrated pot of government revenue, while UPI funding and MDR are separate…

Ashneer Grover’s ₹22,000-crore UPI comparison conflates a personal-guarantee insolvency haircut with public payment funding
Open Post: Ashneer Grover’s ₹22,000-crore UPI comparison conflates a personal-guarantee insolvency haircut with public payment funding

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