To look at is one thing. To see what you look at is another. To understand what you see is third. To accept from what you understand is most important. But to act on what you accept is all that really matters. Isn�t it?� It is very much a ..
ROLE AND POWERS OF DISTRICT MAGISTRATE / CHIEF METROPOLITAN MAGISTRATEAmendment to SARFAESI Act introduced in 2013 brought out certain changes in the Act wherein under section 14 compulsory filing of an affidavit by the secured creditor through their ..
The most important aspect in credit appraisal and assessment and monitoring in banking is the capacity of the sanctioning, monitoring, and reviewing authorities to take timely decision based on the performance of the past and the prospects of the fut ..
The great jewel scam that is rocking the nation has opened up a Pandora Box on how the banks have become soft target for unscrupulous scam creators in connivance with the bank officials. It is apparent from the modus operandi of the operations that i ..
'There may be times when we are powerless to prevent injustice, but there must never be a time when we fail to protest.' The recent judgment of the Trial Court in the matter of 2G scam denotes yet another failure of the conscience and conscio ..
RECOVERY OF NON-PERFORMING ASSETS (NPA)RECOVERY WITH A HUMAN TOUCH.Supreme Court of India in its judgment on In Olga Tellis vs. Bombay Municipal Corporation (AIR 1986 SC 180 AT 193) observed, "The question which we have to consider is whether th ..
Reserve Bank of India introduced the scheme of wilful defaulter in pursuant of the instructions of Central Vigilance Commission during the year 1999 and subsequently modified as per the recommendations of the Working Group constituted by RBI in consu ..
Importance of TrainingThe advent of banking reforms in India has brought the concept of NPA (Non Performing Asset) which has changed drastically the perception and approach of the bank and the customer when dealing with loans financed by the bank. Th ..
Committee on Reforms of Criminal Justice System Government of India, Ministry of Home Affairs Report VOLUME I states, "TRUTH AND JUSTICE". Truth does not pay homage to any society ancient or modern. But society has to pay homage to truth or ..