AUDIT ON 50 CRORES CROSSING LOANS

Mumbai, May 2, (way2newstv.in):

The public sector banks have decided to declare war on the compromised stakes in the banking sector. A bank official who refused to his name said that they had received a challenge to solve the dull ducks. Rs. We have audited accounts that have taken loans of more than 50 crores or more. These measures have been taken to identify the NPA's frauds. The Central Finance Ministry has decided to tender over Rs 50 crore dues. Banking sources said the Fiscal Recognition will be conducted for this purpose. Banks have been prepared to provide details of the absorbent assets after the audit to the government and intelligence community. If there were any fraud in the NPA, the Chief Vigilance Officer would first inform the CBI and then contact the CBI. 

AUDIT ON 50 CRORES CROSSING LOANS

The bankers have to look into the lenders' accounts and find out the accounts that are switching to the looting assets without paying them. The PSBs have focused on the duplicate duplicates after the Rs 13,500 crore fraud in the National Bank of Punjab. It is reported that the purpose of identifying targeted counterfeiters over Rs 50 crore has been identified. The finance ministry officials said these measures are expected to revive public sector banks. We have already reviewed the loans above Rs 250 crore. The future of PSBs will improve. There are cases in the various National Companies La Tribunal that are still underway to settle the bargains. In recent years, the Financial Officers have brought some regulations to control the defaults and exchanges abroad. Rs. Banks need to collect the passports details of the existing lenders who have already taken the loans of more than 50 crores.a