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NPA files on NewsX
Description
Loans running into crores and crores of rupees were given to many firms, then the companies defaulted on the loan amounts. In some cases, law catch up with the defaulters and in many cases fraudsters ran away but the question remains has the money returned to the system. Well that’s the irony in almost every case that we investigated over the course of last 22 days. The companies did not return the money and banks' bid to recover the money completely failed. Well that will be our main focus over the course of next 30 minutes.
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