Tag Archives: loans of nearly $150 billion

Indian bankers suit up for war on debt defaulters

(Reuters) – Fed up with a profitable textile company’s failure to repay its loan, UCO Bank (UCBK.NS) has taken its grievance public, placing newspaper ads last month that brand the industrialist owner of S. Kumar’s Nationwide Ltd (SKMK.NS) a defaulter. … Continue reading

Posted in Uncategorized | Tagged , , , , | Leave a comment