Govt looks to tighten laws on loan defaulters
 

The Centre is looking to revamp laws on loan defaulters, including making wilful default a criminal offence under the Indian Penal Code and defining timelines to ensure that those with unpaid bank loans don't take recourse to repeated adjournments in debt recovery tribunals to delay payment.http://rss.feedsportal.com/c/33039/f...69/sc/3/mf.gif

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