Terming the political parties’ assurance in their manifestos to waive off education loans as undesirable, an apex banking body has urged the Election Commission to get an undertaking from poll candidates that they are not bank loan defaulters.
A top official of the All India Bank Employees’ Association (AIBEA) asked the poll panel to notify that bank loan defaulters are ineligible to contest the ensuing elections.
The AIBEA also said that loan defaulters should be made ineligible to hold any public office.