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Borrowers must be heard before loan account is classified as fraud: SC - Vimarsana News

Borrowers must be heard before loan account is classified as fraud: SC

The Supreme Court on Monday rejected the State Bank of India appeal, upholding the Telangana High Court order and ruled that it is reasonably practicable fo

China's continues to boost leverage over vulnerable nations - Vimarsana News

China's continues to boost leverage over vulnerable nations

China's continues to boost leverage over vulnerable nations ANI 04 May 2021, 22:37 GMT+10 Beijing [China], May 4 (ANI): China is boosting its leverage over financially vulnerable countries and ensnaring some in sovereignty-eroding debt traps by extending loans with strings attached. The latest to fall prey to China's debt-trap diplomacy is Laos, which recently signed a 25-year concession agreement allowing a majority Chinese-owned company to control its national power grid, including electricity exports to neighbouring countries, writes author Brahma Chellaney for The Hill. This shows that Be...