No directions to public lenders to cut real estate exp

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... No directions to public lenders to cut real estate exp
News and Press Release
Dated:- 27-11-2010

New Delhi, Nov 26 (PTI) The Government today said it has not directed public sector banks .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... to cut exposure in real estate following the housing-finance bribery scam. "No why should we say this," Financial Services Secretary R Gopalan told reporters when asked if the government has given s .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... uch directions to the state-run banks. The comments come in the wake of the housing-finance scam unearthed by CBI, which arrested the CEO of LIC Housing Finance, Ramachandran Nair, LIC Secretary (Inv .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... estment) Naresh K Chopra and six other senior bankers in connection with a housing-finance racket. CBI has also issued notices to 21 companies to provide all the documents related to the case and exp .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... lain any benefits received by them as also favours extended to the accused persons.
News - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X