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Name and shame wilful defaulters, Govt asks banks

| | New Delhi

Tightening the noose around wilful defaulters, the Government has asked banks to “name and shame” such borrowers by publishing their photographs and other details in newspapers.

Sources quoting advisory of the Finance Ministry said, “Lending institutions shall formulate a policy with the approval of their board of directors which clearly set out the criteria for publication of photographs of wilful defaulters (in newspapers).”




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Business Corner

18 Mar 2018 | PNS

AAI conducts international workshop for utilizing GAGAN In keeping with the Prime Minister’s objective of using technology as a means of development and co-operation, Airports Authority of India has now offered GPS-aided Geo Augmented Navigation (GAGAN) to SAARC and Southeast Asian countries in order to allow them to reap the significant benefits that accrue from such an advanced navigation system. AAI conducted a two-day workshop on March 15 and 16, 2018...

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Suicide: Ajay charge against CM

19 Mar 2018 | Staff Reporter | Bhopal

Leader of the Opposition in the state assembly Ajay Singh said that the claims of women well-wisher Chief Minister Shivraj Singh are deceiving as miscreants with minor offences are arrested with immediate effect, but in the matter related to a minister's son, Chouhan says enquiry would be conducted He further alleged that prime facie, minister's son was responsible for Preeti Raghuvanshi’s suicide. Chief Minister Shivraj Singh Chouhan today instructed police officials to...

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