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The investigation uncovered bogus sale deeds and loan documents, revealing a wrongful lack of Rs 1.thirty crore to ICICI Bank. Just one residence was marketed by Ashirbad, as well as remaining had been seized because of repayment failure.

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Caps – The established Restrict of an quantity’s interest amount which may be enhanced to an adjustable price mortgage loan loan.

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A couple in Odisha's Patia region was apprehended from the Financial Offences Wing (EOW) for securing a loan of Rs one.30 crore deceitfully from a private lender by remortgaging Houses.

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Compound interest – Fascination which can be computed on the loan’s harmony, the balance will involve all get more info curiosity which is unpaid.

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