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https://economictimes.indiatimes.com/industry/banking/finance/banking/public-sector-banks-may-get-legal-teeth-on-issuing-lookout-circulars/articleshow/109633487.cms
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Public sector banks may get legal teeth on issuing lookout circulars - The Economic Times
4/27/24 at 12:00am
Organization
The Times of India
Author
Dheeraj Tiwari
Details
51 words
Summarize
general
Economic Times
Bombay High Court
This follows a decision by the Bombay High Court earlier this week that said public sector banks (PSBs) dont have the power to recommend, or ask, the central government for the issuance of LOCs against defaulting borrowers.
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