Saturday, March 25, 2023

SARFAESI Act

3 banks duped of Rs 150 cr by ‘Tamasha’ & ‘Nautanki’ firms

Three prominent Indian banks have been taken for a dramatic ride of a total Rs 150 crore by a couple of Indian companies, which have now become nightmarish Non Performing Assets, here recently.They are: IDBI Bank Ltd (Rs 92.69...

BAN welcomes implementation of SARFAESI Act

Business Association of Nagas (BAN) lauded the state government for implementation of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002.In a press note, BAN president L Mongkum Jamir general secretary Dr. Yan...