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RAJKOT: A husband-wife duo was booked under Gujarat Land Grabbing (Prohibition) Act 2020 for allegedly encroaching upon a bungalow owned by a non-resident Indian (NRI) on Sadhu Vasvani Road in Rajkot.
According to University Police Station officials, Dhimant Kothari (62), a resident of Shree Ram Park on Kalawad road, lodged a complaint against Shobhna Gohel and her husband Manish Gohel under various sections of the Gujarat Land Grabbing (Prohibition) Act 2020. Kothari accused the couple of illegally occupying the bungalow owned by Neena Shah, who now lives in London, UK. Kothari is husband of Shah’s sister.
The complaint stated that Shah had rented her bungalow Shobhna in 2014 for a few months. Shobhna was a teacher with a reputed school in the city then. Everything was fine for the first few months and Shobhna kept paying rent regularly. After few months, Shobhna stopped paying rent and even refused to vacate the bungalow, Kothari alleged in the complaint
Synopsis
Fund managers are bullish on the large private sector banks, such as HDFC Bank, ICICI Bank, Axis and Kotak. They believe their strong management teams will be able to manage the second wave of Covid-19. Many BFSI funds have concentrated portfolios and these stocks account for nearly half of the scheme.
Agencies
Despite slow credit growth, the top private banks HDFC Bank, ICICI Bank and Axis Bank have reported credit growth of 2-3x of the industry during FY21 at NPA levels that continue to be similar to those of last year.
Mumbai: The data set is decidedly mixed, and the odds don’t appear too bright at least on paper. But analysts still believe BFSI must be in your portfolio and not simply because it makes up the biggest chunk of the broadest indices of India.