Loan recovery
by arungopal agarwal on Oct 15, 2007 04:39 PM Permalink | Hide replies

In case of default, without presssures, who will pay. Legal system in the country is very time/money consuming.

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RE:Loan recovery
by Chetan Natekar on Oct 15, 2007 04:46 PM Permalink
Legal system allows banks to freeze assets in case of defaults. Its just that these banks dont want to take that path since it takes longer time.

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