Government plans stringent actions against failure of loan repayment
Posted on: 11/Nov/2014 12:55:54 PM
Government has devised plans to take stringent action on those who intentionally fail to repay debts got in large amounts from banks.
The central finance ministry has appointed a special crew to handle all information collection works from banks. According to a higher official from the central finance ministry, immediate action will be taken against who fail to repay loans despite being wealthy enough to do so. These actions will be initialized in a maximum of thirty days.
