The focus of this offensive is on borrowers, with the first order featuring 20-25 properties. These properties belong, primarily, to ARK one of the 6 main borrowers who account for nearly 70% of the 5600 crore in question.
Citing reasons of 'bad people' entering the crisis ridden National Spot Exchange (NSEL), Shankarlal Guru, its non-executive chairman resigned from his post on Monday.