Naming & Shaming Bank Defaulters

Nitin Kasliwal of S Kumars gets targeted

The Kasliwal family is no stranger to controversy or to bad loans. But UCO Bank’s decision to put out an advertisement labelling Nitin Kasliwal as a defaulter is a welcome indicator that banks are willing to play hardball with leading industrialists. The advertisement, which cautioned other banks from dealing with Mr Kasliwal, said that his company S...
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