NPA file on NewsX: Vishwa Rupa Steel Pvt Ltd owes 67 CR to State Bank of India

NewsX 2018-05-31

Views 3

Its case 48 in the NewsX NPA campaign, this case highlights the problem underlining India's mounting NPAs. It shows how the directors running groups of firms under the same banner, manage to take newer loans from different banks. The banks often grant these loans in hope that these would be paid off sooner or later but the problem continues to die down. The money doesn't come back into the system and where the money actually goes remains a mystery.

Share This Video


Download

  
Report form