Personal Loan Default and its Consequences – EMI Repayment Tips

Personal Loan Default and its Consequences – EMI Repayment Tips

The ‘PNB Fraud’ exposed some of the worst flaws in India’s banking system. While the blame game continues between the Punjab National Bank and other lenders, more than Rs.11000 Crore have been lost to scam. The issue of interest lies in how the bank issued Letter of Understanding (LoU) for close to 7 years towardsRead more about Personal Loan Default and its Consequences – EMI Repayment Tips[…]