Thursday, May 9, 2013

Increase loan payback period to 20 yrs: JKHC urges RBI

.....“J&K Banks and other banks have at many occasions used force to recover loans from defaulters which RBI Governor should take serious note of. The businessman is never willful defaulters but occasional turbulence in valley makes him a defaulter. The banks have raided houses of the businessmen in the past which is regretful. It has damaged the reputation of the businessman,” .......

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