Consider the following statements regarding the stringent norms imposed by RBI with respect to defaulters- I.The Reserve Bank of India (RB

• A . II. A wilful defaulter is a borrower or a guarantor who has defaulted without being constrained to do so and the outstanding amount is Rs 50 lakh and above. III.A large defaulter is one whose amount in default is Rs 1 crore and above. Which of the following statements is/are correct in the above information?
• I has notified that lenders would have to examine all aspects relating to wilful default on accounts and identify wilful defaulters within six months of a loan becoming a non-performing asset (NP