NPA files on NewsX: Puneet Fashion Pvt Ltd owes Rs 86 crore to Allahabad Bank

NewsX 2018-03-28

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NPA files on NewsX: Today is Day 35 of the 100 Day NewsX campaign. Today we bring to you case number 24. Time and again we've put forward a simple argument- not all NPAs are necessarily loot and not all those who have pending loans are scamsters, but the case we bring to you today sheds light on one of the most important aspect of loans turning bad. The recovery process today we'll show you how painful this recovery process can be, through a case where a bank gave a massive loan and now a decade later, they're still scrambling to get the money back.

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