Bank loan

Mumbai: man changes vehicle license plate to avoid paying bank loan, e-challans; stopped

(Representative image) | Photo credit: iStock images Highlights The man was unable to pay the loan installments It has been reserved in various sections of the IPC The man was arrested for committing the offense Bombay: In another shocking incident of counterfeiting and cheating reported in Maharashtra’s capital Mumbai, a 38-year-old man identified as Shamshulla […]

Bank loan

Gurugram-based Ambience group promoter arrested for bank fraud: The Tribune India

Tribune press service New Delhi, July 29 The Enforcement Department (ED) today arrested the promoter of the Ambience group based in Gurugram, Raj Singh Gehlot, under the provisions of the Prevention of Money Laundering Act (PMLA) in connection with fraud bank loan of Rs 800 crore, agency officials said. Rs800 crore siphoned off The ED […]

Bank loan

The owner of the Ambience shopping center arrested by ED in a case of fraud on a bank loan worth Rs 200 crore

The Enforcement Branch arrested Raj Singh Gehlot, owner of the famous Ambience shopping center in Gurugram, in an alleged case of bank loan fraud to the tune of Rs 200 crore. ED arrested Ambience mall owner Raj Singh Gehlot in an alleged bank loan fraud case. The Directorate of Enforcement (ED) on Thursday arrested Raj […]

Bank loan

No need for central agency investigation into cooperative bank lending scam: Kerala minister

Thiruvananthapuram, July 25 (PTI) Kerala’s Cooperation and Registration Minister VN Vasavan said on Sunday that no central agency needed to investigate the multi-crore loan scam reported in a cooperative bank controlled by the ruling CPI (M). in Thrissur as competent officials from his department and the police investigated the case. The minister, while addressing the […]

Bank loan

Montenegro repays first tranche of Chinese loan Exim Bank

PODGORICA (Montenegro), July 21 (SeeNews) – Montenegro has repaid the first tranche of the loan granted by Chinese bank Exim for the construction of the Bar-Boljare highway, Montenegrin media reported on Wednesday. “Montenegro paid € 27.79 million in principal and interest, and the banks in its hedging agreement paid the state € 37.44 million in […]