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The Court also found that company had not paid sugarcane dues to the farmers, with ₹279 crores outstanding for the last crushing season. It slammed the Cane Commissioner for not taking any action.
Reserve Bank of India has announced new guidelines on labelling wilful loan defaulters that set out timelines, processes and penalties. However, they do not lay out any guidelines on establishing intention of default. This may extend the evaluation process to extended judicial review
Adding a co-signer can help you get approved for a personal loan. We cover how co-signers work and when it makes sense to add a co-signer.
Colaba Police recently uncovered a fraudulent scheme involving 3 persons who availed of a loan of Rs 18.70 lakh from a bank by using fake gold as collateral
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