Editorial with Sujit Nair | Are Indian Banking Laws Different For Rich & Poor?
In this episode of Editorial, Mr. Sujit Nair discusses the loans written off by banks in recent years. He highlights the issue of forceful recovery...
Tag : loans
Repo Rate Hike May Impact EMI’s Of Loans
by ANI
The citizens who take loans from banks will be affected by the hike if the lender decides to raise their benchmark lending rates Mumbai: All...
If ‘Revdi’ Is Provided To The Poor, Then When Is Debate On ‘Gajak’ Happening Which Is Provided For Free To Rich
by News Desk
Why were bank loans worth Rs 5.8 lakh crore written off and why was corporate tax worth Rs 1.45 lakh crore reduced, the Congress asked...
Why Restructuring Can Fail
The RBI says that enough freedom has been given to banks to determine restructuring norms, particularly for sectors like aviation, automobiles, road and wholesale trading,...
Repay Or Restructure – Choose Carefully
The biggest cost that a borrower of a restructured loan will pay, is that in case the restructuring is not in tandem/compatibility with the projected...
“Please Take My Money”; Vijay Mallya Offers Repayment Of Loan To Govt.
Mallya, the defunct Kingfisher promoter, has been wanted in India over his alleged fraud and money laundering charges amounting to 9,000 crores. Mumbai| Liquor tycoon Vijay...
Modi blames UPA govt for bad loan mess, says every penny will be recovered
New Delhi, Sep 1 (PTI) Prime Minister Narendra Modi on Saturday blamed ‘phone-a-loan’ scam of the previous UPA government for the bad loans in the banking...
Bank of Maharashtra chairman arrested in Rs 3,000 crore fake loans case
by News Desk
The Economic Offences Wing (EOW) arrested Ravindra P. Marathe, the Chairman and Managing Director of Bank of Maharashtra, in a case of Rs.3,000 crore fraudulent loans...