Wednesday, August 29, 2007

City co-op banks caught off guard in personal loan racket (Indian Express via Yahoo! India News)

Employees of private firm used fake papers to bag loans of Rs 1 lakh each, 164 cases in all; now firm says many have left job All Kamlesh Mourya (30) wanted was a credit card. So the grocery shop owner at Goregaon gave photocopies of his ration card, electricity and telephone bills and a photograph to an agent who promised him one from a private sector bank. That was early 2006. The agent never ...

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[Source: Yahoo! News Search Results for personal loan]

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