I happened to scan through the statistics furnished by National Crime Records Bureau (NCRB) in their web site regarding the suicides committed by business people which prompted me to undertake an insight into the debt recovery approach and methods adopted by the banks and financial institutions
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The write-up is a bit lengthy but I am sure it will serve as one source of reference to millions of consumers dealing with Banks, NBFCs, and in the Digital Transactions space.
The Government had expected recovery of Rs. 3-4 lakh crores but could only recover Rs.1.3 lakh crore through the means of anti black money and money laundering measures.
Paytm is available at a price of Rs 2,300 in the grey market, a premium of Rs 150 or 7 percent over the upper price band of Rs 2,150 per share, as per the IPO Watch.
Around 25 companies are aiming to raise money through initial share sales in Oct and Nov. It is to be noted that a large portion of the funds would be garnered by technology-driven companies.
The offer comprises of a fresh issue of Rs 9,000 crore and the sale of shares worth Rs 375 crore by existing investors. Rs 6,745 crore will be used to fund the company’s organic and inorganic growth initiatives.
Intellectual property refers to the creations of the human mind such as inventions, literary and artistic works, symbols, names, images and designs used in commerce.
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