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Loan amount return dispute

ye query mere uncle ka case hai -- 1.uncle ne kisi dost (jain sahab) se paise udhar liye they cash me aur time to time wapas bhi karte rahe. 2. udhar lete time uncle apne letter head p likh k diya k itne paise itne byaj p le raha hun..( uska sample image main bejh raha hun) 3. par uncle k paise lautate time jo recieving thi vo kho gayi h na koi record h aur uncle ne bh paise cash me hi diya tha 4. 2017 me jain sahab ki bimari k karan death ho gayi , to jain sahab k bete aur damad ne uncle se pucha k apne kitne udhar liye they to uncle ne kaha 14 lakh but use time to time utar diye they exact amount dekh k batunga 5. jain sahab k bete ne kuch jaan pehcahn k logo k sath aur vakil k ghar uncle se likhwa liya k 14 lakh bakaya h aur uspe witness k bhi sign kara liye (iski koi copy uncle k pas nah h ) ye june 2017 me hua 6. uske bad uncle k beto ne hisab lagay to kul 7 lakh bakaya nikla ,,,uske bad unhone jain sahab k bete aur damad ko apne ghar bulaya aur kaha ke haamre family relation h par apne hamare pitaji se jabardasti 14 lakh likhwa liye jo k sah nah h aur apka sirf 7 lakh bakaya h. to unhone bola thik h ap 7 lakh wapas kar (iski voice recording h uncle k pas) 7. uncle k bete ne 2018 me 2 lakh lauta diye cash me , aur whatsapp kardiya jain sahab k bete ko k ab 5 lakh bakaya h ,,2019 me paise na hone k karan vo kuch paisa na de paye 8. 2020 me jain sahab k damad ne uncle dwara likha hua bhi bejh diya whatsapp p (jo ki ek tarah ki dhamki lagi) 9 ab uncle ko lag raha h ki bache hue 5 lakh dene k bavjood bhi agar vo 14 lakh wala parcha leke khade ho gaye to hum kya karenge. aise situation me kya kiya jaye ? 1. kya jo uncle ne likh k diya uski validity h legally ? 2. kya uncle ye bol de k humne hisab k mutabik 7 lakh wapas krdiy h . 3.kya uncle complaint kare ki jabardasti 14 lakh likhwa liye 4. kuch aur better opinion ?




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Will discuss distressed assets fund for realty with SBI: HDFC Chairman Deepak Parekh

The fund will work in a similar manner in which the public sector and private sector partnered to invest and rescue Yes Bank.




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Banks start offering loan moratorium to NBFC-MFIs

Private banks are also understood to be entertaining requests for a moratorium as some of them have exposure to microfinance borrowers themselves and have a good sense of the market.




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Banking system provides services seamlessly during COVID-19 crisis

Earlier, the Business Correspondent Federation of India (BCFI) had said that while the BCs were offering services of cash withdrawal, very few are depositing money in the wake of the current lockdown.




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TARP or bad bank needed to help NBFCs, MFIs: Experts

Ananth Narayan, professor-finance at SPJIMR, believes that while TLTRO 2.0 is welcome, it does not address the core issue.




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Microfinance industry hopes IBA meet to lead to ‘in-principle decision’ on loan moratorium to MFIs

Notably, following RBI's announcement on allowing a moratorium on term loans for March 1 to May 31, most of the MFIs have extended a moratorium to their borrowers till May 31.




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HDFC Bank board finalises Aditya Puri’s successor, waits for RBI nod

Jagdishan and Bharucha are the internal candidates and have been serving the bank for many years each, while Garg is working with American bank Citi at present.




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Moratorium: 10 per cent provisioning may shave Rs 35,000 crore off bank profits

The new provisioning requirement has to be made for the March and June 2020 quarters and this will impact their profitability in 2019-20 and 2020-21.




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Govt-backed credit guarantee needed to ensure banks overcome risk averseness while lending: CII

To tackle the current crisis arisen from the COVID-19 outbreak and the consequent nationwide lockdown, the government and the RBI have announced many measures to ease the stress of businesses. 




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Kotak Mahindra Bank board to consider fundraising proposal this week

In a recent report, global ratings agency Standard & Poor's had said Kotak Mahnidra Bank can weather the challenges that will be posed by the infections and affirmed its rating on the lender.




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ICICI Bank launches voice banking services on Amazon Alexa, Google Assistant

This novel facility offers customers yet another way to connect with their bank from home at a time when they are advised to stay indoors in the wake of the nationwide lockdown, ICICI Bank said in a release.




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Kotak Mahindra Bank may raise Rs 8,000 crore via equity dilution

Market is viewing the fund-raising announcement in a positive light as the lender’s move to build up capital reserves is being seen as a sensible move at a time of uncertainty.




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Good news for homebuyers! HDFC cuts lending rate by 15 basis points

The RBI last month cut the policy rate by 75 basis points to spur growth amid the COVID-19 crisis.




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We’re in conserve, consolidate mode; crisis a great time to go digital: Mahabaleshwara MS, CEO, Karnataka Bank

Loan waiver schemes for agricultural loans introduced by some of the state governments may also help reduce stress to some extent.




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COVID-19 emergency credit: SBI disburses Rs 1,000 crore, Bank of Baroda Rs 606 crore

Experts say more borrowers are likely to line up for emergency credit from banks as many businesses will be hit by the slump in demand and zero footfall in the market in the wake of the pandemic.




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Risk-averse banks stay shy of TLTRO 2.0

NBFCs have been asking for a bail-out in the form of a government credit guarantee or a TARP –like structure.




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NBFCs, MFIs to see Rs 50-60k cr funding gap on lack of moratorium: Report

With the first targeted long-term repo operations (TLTRO) 2.0 failing fresh funding or refinancing to the sector from this route is unlikely to exceed Rs 10,000 crore unless there is a significant change in the banks' response in the second tranche, it said.




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Bank advances grow 7.2%, deposits rise 9.45% in fortnight ended April 10

In the fiscal ended March 31, 2020, bank loans had decelerated to 6.14 per cent, a near five-decade low, due to slower economic growth, lower demand and as banks remained risk averse.




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Bank of Baroda to raise Rs 13,500 crore additional capital

The remaining Rs 4,500 crore will be raised by way of additional Tier-1 and Tier-2 capital instruments with an inter-changeability option, the bank said in the release.




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NBFC and MFIs’ funding gap to further increase to Rs 15k-25k crore: Acuité Ratings

However, if collections don’t revive rapidly for the NBFCs and MFIs in particular within this period, the liquidity challenges may continue and will necessitate longer term funding,” the firm said.




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Axis Bank Q4 net loss at Rs 1,388 crore

The private sector lender had reported a net profit of Rs? 1,505.06 crore in the same quarter of the previous financial year.




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Axis Bank sets aside Rs 3,000 crore for COVID-19 impact

The bank’s advances grew 15% y-o-y to Rs 5,71,424 crore as on March 31, with retail loans up 24% y-o-y to Rs 3.05 lakh crore, accounting for 53% of the net advances.




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IDFC First Bank to raise Rs 2,000cr capital from promoter, Warburg Pincus, 3 others

Warburg Pincus affiliate Dayside Investment Ltd and insurance firms ICICI Prudential Life Insurance Company, HDFC Life Insurance, and Bajaj Allianz Life Insurance will infuse capital in the lender.




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NBFCs tapping NCD market to raise funds amid Covid crisis

The three year NCD issue of Indiabulls Housing Finance opened on April 29. Although, the base issue size was Rs 100 crore, but it had a greeshoe option of Rs 900 crore.




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RBI Governor meets heads of banks; discusses loan moratorium, post-lockdown credit flows

Implementation of three months moratorium on repayment of loan instalments announced by the RBI was also reviewed during the meeting.




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Bank of Baroda disburses Rs 2,300 crore to MSMEs under emergency credit line facility

The state-owned bank launched an emergency credit line to provide funds to its existing MSME and corporate borrowers in the last week of March, soon after the lockdown was announced.




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AU Small Fin Bank Rating: Target price to be revised after earnings call

AU Small Finance Bank (SFB) reported an increase of 3.5% year-on-year in PAT to Rs 120 crore (our estimate: Rs 180 crore), affected by higher provisions of Rs 150 crore.




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PSB NPAs likely to rise 2-4 per cent points; may push govt to recapitalise via RBI reserves, bonds: Report

The government can issue recapitalisation bonds, or the RBI's huge reserves of over USD 127 can also be dipped into to help the state-owned bank's recapitalisation needs, it said.




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State-owned bank NPAs may rise in FY21, govt’s fiscal deficit to widen: Bank of America

The government can issue recapitalisation bonds, or the Reserve Bank of India's (RBI) huge reserves of over USD 127 can also be dipped into to help the state-run banks' recapitalisation needs, it said.




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Nabard disburses Rs 12,767cr to state cooperative banks, RRBs for onlending

The loan has been disbursed under a refinance scheme by Nabard from its own resources and was given this week, it said.




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HDFC to raise Rs 5,000 crore via bonds

The coupon on the bonds, to be maturing in December 2021, has been fixed at 7.06 per cent per annum.




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RBL Bank net profit falls 54% as provisions rise

The bank has provided moratorium to around a third of its customers, RBL Bank MD & CEO Vishwavir Ahuja said in a conference call after results.




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SBI Card Q4 net plunges 66% to Rs 84 crore on COVID-19 provisions, rise in expenses

On the COVID-19 pandemic, SBI Card said globally, countries and businesses are under lockdown and there is a high level of uncertainty about the duration of the lockdown and the time required for things to get normal. 




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Indian Holidays Pvt. Ltd. Announces 5% Discounts for Select Deccan Odyssey Journeys

Indian Holidays Pvt. Ltd., one of the premier luxury tour operators has announced a minimum 5% discount on select departures for IRCTC and Maharashtra Tourism’s flagship luxury train, the Deccan Odyssey. The journey tariffs had recently been lowered in a bid to make the Deccan Odyssey...



  • Fri
  • 12 Oct 2012 00:00:00

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Golden Chariot is Now Available for Charter at $70000 (3.5 Million INR)

Karnataka Tourism’s flagship luxury train, the Golden Chariot is now available for charter at only $70000 (Rs. 3,500,000). The minister said: “Around 80 tourists can travel in the train per tour. By introducing the charter service, private individuals or organizations can have...



  • Thu
  • 25 Oct 2012 00:00:00

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ISRO’s most reliable partner HAL delivers ‘Made in India’ L-40 stage for GSLV-MKII

Besides the Integrated L-40 stages, HAL is also manufacturing the riveted structures, propellant tanks, feed lines of PSLV, GSLV MKII and GSLV MKIII launch vehicles and structures of various satellites for the space agency.




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Trade and commerce in Sindhu-Saraswati civilisation: Know about the Srenis or guilds of ancient India

Since our FM mentioned the Sindhu-Saraswati civilisation or the Harappan culture, it is prudent that we start our journey from there.




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ISRO to launch GISAT-1 satellite on GSLV rocket as high as a 16 storey building!

The launching vehicle of GISAT 1 has evinced much interest before the launch of the mission. GSLV -F10 is a humongously tall vehicle - as tall as a Sixteen storey building, and weighing approximately 4,20,300 kilograms..




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Here is what ISRO’s new geo imaging satellite GISAT-1 can do

As the date of launch nears, Indian Space Research Organisation (ISRO) in a tweet has revealed what it’s geo Imaging Satellite, GISAT-1 can do




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ISRO’s Young Scientist Programme: Registrations see 2 fold increase post PM Modi’s Mann ki Baat mention

The number of registrations before PM Modi's mention was hovering at only 74,000 which jumped to 1,53,000 after PM's mention.




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ISRO’s Gaganyaan: SAIL’s Bhilai plant sending high strength special steel to make satellite launch vehicle

Special grade steel plates have been procured from the Bhilai plant of the Steel Authority of India Limited (SAIL) to be used in the launch vehicle.




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GISAT-1 launch: ISRO postpones March 5 launch; Here’s why

ISRO's GISAT-1, which weighs around 2,268 kgs, was slated to be the first Earth observation satellite to be placed in the Geosynchronous Transfer Orbit.




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Gaganyaan: DRDO to provide special space food and emergency survival kit for ISRO’s manned mission

ISRO is already working on a Humanoid prototype (with a female form)for the Gaganyaan missions, which is expected to be sent out on a mission next year to test it out before actually sending humans in space.




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ISRO’s Chandrayaan-3 launch schedule revealed, Gaganyaan mission on track

The Union Minister also said that the upgraded configuration in Chandrayaan-3 will make the spacecraft more robust in terms of design and it will also have an enhanced spacecraft capacity without compromising with the heritage of Chandrayaan-2.




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Scientists observe half billion-year-old ‘social network’ in early animals

Since rangeomorphs could not move and are preserved where they lived, it is possible to analyse whole populations from the fossil record.




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Global warming: De-carbonising global economy to avert climate change

The advantage of Economic Decarbonisation is that it intertwines with the modernization of all industries. Excessive dependence on fossil fuels does more damage than good, it may guarantee temporary energy security but the side-effects are way too disastrous to continue using this as ‘energy- steroids’.




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Rare ‘Supermoon’ on Holi this year! Check time, details, history of moon marvel

The term supermoon has only prevailed in the common lexicon for 40 years or so. It was coined by astrologer Richard Nolle in 1979.




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Amazon rainforest may collapse within decades if critical point is reached: Study

The scientists noted that the loss of such key stone species may lead to a rapid and dramatic change in the landscape within our lifetime.




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Climate change is real and staring in our faces, but all’s not lost

There’s a collaborative effort across industries today to tackle the crisis. From fashion, energy and transport to beauty and food, companies across sectors are doing their bit to ensure a better tomorrow.




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Stephen Hawking: Here are top groundbreaking theories from the British scientist on his death anniversary

The famous scientist, who battled amyotrophic lateral sclerosis (ALS), a motor neurone disease for over 50 years, passed away at the age of 76 on March 14, 2018.