Statement: The Reserve Bank of India has directed banks to refuse fresh loans to major intentional defaulters.
Assumptions:
I. The banks may still give loans to the defaulters.
II. The defaulters may repay the earlier loans to get fresh loans.
III. The banks may recover the bad loans through such harsh measures.

* Assumption I is not implicit: When a central regulatory authority issues a strict directive, it assumes the subordinate institutions will obey it, not violate it.
* Assumption II is implicit: Denying future credit is a highly restrictive measure meant to pressure defaulters into settling past dues to regain borrowing eligibility.
* Assumption III is implicit: The fundamental premise behind enforcing restrictive penalty measures is to facilitate recovery of outstanding default sums.

Therefore, only assumptions II and III are implicit.