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Moneycontrol s analysis of data from 14 banks shows that five of the seven top lenders which have declared their quarterly results posted a higher level of write-offs compared to the previous a year. Banks may now start working on maintaining business flows, experts say
take too many approvals. she told shapley, informed the laptop would not be provided and not to do anything about the family, only focus on hunter and when it came to hunter s international business dealing, it was stopped. the foundation, james galar, rob walker, devin archer and hunter biden. we watched that. then we got the irs pushing pressure, saying why does this guy not file taxes? what about crazy write-offs? why are international business deals happening? how do i know how much to tax them if i don t know how much money there is? they are trying to get information and it gets stopped. so pressure from above, pressure on top from the irs finding out where the money is, it gets stopped and a sweetheart deal is out.
The RBI has asked lenders to put in place board-approved policies for undertaking compromise settlements with the borrowers as well as for technical write-offs. The rules formalised by the board will also specify proposals for compromise settlements in respect of debtors classified as fraud or wilful defaulter.