NPA file on NewsX Ronit Nirman Pvt Ltd has allegedly defaulted on loans
By : NewsX
Published On: 2018-05-30
57 Views
02:26
Today we bring you case 46 in the NewsX NPA list. This case sheds light the loopholes in the system that allow banks to lend money to companies which are already running large Npa’s. The same directors are running multiple companies and defaulting on loans from multiple banks, all at the same time. This case is a reminder of how banks despite various indications of a company's financial health, fail to act accordingly and unintentionally end up extracting money out of the system for it to never come back.
Watch More videos From NewsX Channel
Trending Videos - 29 April, 2024
RELATED VIDEOS
