Sunday, June 2, 2013

Reuters: Money News: No more Mr Nice Guy: Indian bankers suit up for war on debt defaulters

Reuters: Money News
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No more Mr Nice Guy: Indian bankers suit up for war on debt defaulters
Jun 3rd 2013, 02:44

MUMBAI (Reuters) - Fed up with a profitable textile company's failure to repay its loan, India's UCO Bank has taken its grievance public, placing newspaper ads last month that brand the industrialist owner of S. Kumar's Nationwide Ltd a defaulter.

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