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RE:Remind Money lending in India...
by
TheOneAndOnly
on Feb 06, 2008 06:51 PM
Not Really. Several National & State Govt had done Loan Waivers and Interest Waivers Leading to Bankruptcy of PSU Banks and Coop Banks.
It is the Private Lenders who naturally Squeeze the borrowers and take back their money.
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The above message is part of the Discussion Board:
Subprime pain: Who lost how much