Tag: loan

Loan Agreement

Loan Agreement

adminLeave a Comment on Loan Agreement

A Loan Agreement is an agreement between the borrower and the bank stipulating the terms and conditions for the give of advance to the borrower. A credit can be taken from a loaning foundation, companions, relative and so on.. A Loan Agreement is fundamental regardless of the reality to whom it is given. Regardless of […]

Continue Reading
Vijay Mallya Case

Vijay Mallya Case: U.K. Judge Says ‘Obvious’ Indian Banks Broke Rules

Editorial TeamLeave a Comment on Vijay Mallya Case: U.K. Judge Says ‘Obvious’ Indian Banks Broke Rules

The British judge hearing the removal instance of alcohol noble Vijay Mallya today said that it was “blindingly self-evident” that standards were being broken by Indian banks which authorized a portion of the advances to the recent Kingfisher Airlines. Managing a hearing at Westminster Magistrates’ Court in London, Judge Emma Arbuthnot coordinated the Crown Prosecution […]

Continue Reading
CBI books Delhi jeweller in Rs 389 crore loan fraud

CBI books Delhi jeweller in Rs 389 crore loan fraud against Oriental Bank of Commerce

Editorial TeamLeave a Comment on CBI books Delhi jeweller in Rs 389 crore loan fraud against Oriental Bank of Commerce

 CBI books Delhi jeweller in Rs 389 crore loan fraud- The Central Bureau of Investigation (CBI) has enrolled yet another instance of credit extortion, this time against a New Delhi-based adornments outlet Dwarka Das Seth International. Oriental Bank of Commerce (OBC) has claimed a credit misrepresentation of Rs 389.95 crore against the proprietor of Dwarka […]

Continue Reading