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  1. We have been seeing all these days that the bank official taking police help use to terrorise the lonees who are commn man and take away his bull,buffalo, goats etc., till the loans are repaid and there were cases where the farmers and small time lones even committed sucide unable to bear the HARASSMENT.This is the method for common man. When it came big lonees who have taken CRORES BY Pledging somebodys land, or properties worth lakhs for loans of Crores and who generally evade payment and for such people the bank staff are making SILENT PROTEST I BEFORE THEIR HOUSE with play cards "PLEASE PAY OUR LOAN" s they cannot do anything beyond that.For a genuine loanee they ask dozens of proofs but for rich they give loans like it is their JAGIR.Recently one ex MINSISTER OF AP TOOK more than 5 crores for FISH TANKS in different districts and the property pledged may not be worth 50 lakhs now the BANK MNAGER HAS BEEN BOOKED BY CBI.
  2. Thane: In a startling revelation, the Thane Municipal Corporation (TMC) does not have a list of local body tax (LBT) defaulters. This was learnt through the right to information act. This raises serious questions about the transparency in the department regarding the raids being conducted. Till mid-January, this year, not a single notice was issued to defaulters. Another lacuna that came to the fore was that out of more than 60,000 traders, only 31,913 shops have been registered. Many felt that since LBT was implemented in April 2013, the TMC failed to enroll traders under the new tax structure. According to an RTI query filed by activist Sanjiv Datta, the TMC replied that the LBT wing of the corporation was yet to prepare a defaulters list, despite the fact that the second fiscal was coming to an end this March. ''Since the last two financial years, the TMC has failed to identify defaulters. This is quite shocking,'' said Datta. Read at: Civic body does not LBT defaulters list, reveals RTI query - The Times of India
  3. Union Bank of India has NPAs worth Rs 3,350 crore Union Bank of India has non-performing assets (NPAs) worth about Rs 3,350 crore from 20 defaulters. Replying to an RTI query, the bank, however, declined to share the names of the defaulters citing "commercial confidence". "List of the borrowers cannot be provided as they are of commercial confidence and exempted from disclosure under Section 8(1)(d) of the RTI Act. We inform you, however, that the amount involved in the top 20 NPA accounts as of December 31, 2013, is Rs 3,350.17 crore," the bank said. The Section bars making public of information related to commercial confidence, trade secrets or intellectual property, the disclosure of which would harm the competitive position of a third party. Exercising his Right to Information, Venkatesh Nayak had sought details of the top 20 borrowers responsible for NPA from five banks, including Union Bank of India. Read More: Union Bank of India has NPAs worth Rs 3,350 crore - Business Today - Business News
  4. Home Minister, 48 ex-ministers defaulters DH News Service, Bangalore: Bheemappa Gundappa Gadada, a Right to Information (RTI) activist, brought to light the dreadful revelation that Home Minister M P Prakash, 48 former ministers and seven former legislators have defaulted the State Secretariat to the tune of Rs 1.11 crore in the last few years. Home Minister M P Prakash, 48 former ministers and seven former legislators have defaulted the State Secretariat to the tune of Rs 1.11 crore in the last few years. It has come to light through Bheemappa Gundappa Gadada, a Right to Information (RTI) activist, who secured this information under RTI Act. Mr Bheemappa, in turn, circulated copies of the information to the media on Thursday. According to the information furnished by Joint Secretary to the Secretariat P Omprakash, former minister Vijyanath Patil tops the list with dues of Rs 23,95,122 lakh, followed by B Somashekar with Rs 8,59,444 lakh. M P Prakash, D Nagarajaiah, B Muniyappa Muddappa, Veerakumara A Patil, Baburao B Chinchansur, Basavaraj H Patil, H C Srikantaiah, M C Nanaiah and Allam Veerabhadrappa are among those whose dues exceed more than a lakh. Among the prominent leaders who have defaulted are former chief minister and leader of the Opposition in the Legislative Assembly N Dharam Singh, KPCC President Mallikharjuna Kharge, leader of the Opposition in Legislative Council H K Patil, Roshan Baig and Chairman of Legislative Council B K Chandrashekar. Though the Secretariat has initiated steps to recover dues of nine of them through their pensions, no concrete step has been taken with respect to others, except for writing letters to them to pay up, according to RTI documents. The dues are mainly towards overstaying in government quarters (when they were ministers), telephone bills, water and electricity charges, missing or damage to articles in the quarters and others, Mr Bheemappa said. As far as former legislators are concerned, M K Krishna Reddy, Muniyappa Muddappa and D Nagarajaiah are top defaulters with over Rs 2 lakh dues pending. Other former legislators are Alexander, Vasanth V Saliyan, M Shivanna and Diwakar Babu. While the Secretariat has taken steps to recover dues of four of them, the process is presently on to recover with respect to three others, documents stated. Prakash defaulter Home Minister M P Prakash has defaulted the Secretariat to the tune of Rs 1,53,089 lakh. He has accumulated dues when he was deputy chief minister in the previous Dharam Singh government. PROMINENT DEFAULTERS *M P Prakash : Rs 1,53,089 *N Dharam Singh : Rs 20,789 *Mallikharjuna Kharge: Rs 21,370 *H K Patil: Rs 33,243 *B K Chandrashekar: Rs 89,118 *H C Srikantaiah: Rs 4,75,308 *M C Nanaiah : Rs 1,64,522 Deccan Herald - Home Minister, 48 ex-ministers defaulters
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