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__________ are the borrowers who are unwilling to repay their debt obligations, despite having the capacity to pay.
  • a)
    Standard Assets
  • b)
    Sub-Standard Assets
  • c)
    Doubtful Assets
  • d)
    Loss of Assets
  • e)
    Wilful Defaulters
Correct answer is option 'E'. Can you explain this answer?
Most Upvoted Answer
__________ are the borrowers who are unwilling to repay their debt obl...
In any of the four situations listed below, a person or company is considered a "wilful defaulter": When a borrower (person or business) fails to meet their payment obligations, although having the financial means to do so. There is a planned plan to default on the debt.
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