Poor credit appraisal responsible for rising bank loan frauds: K C Chakrabarty

 

Mumbai: Reserve Bank of India (RBI) Deputy Governor K C Chakrabarty delivered a presentation pertaining to sharp surge in bank loan fraud cases. The deputy Governor held poor credit appraisal and low level of promoter equity as the main culprits behind the surge in the loan frauds.Read more at-http://daily.bhaskar.com/