Bank Loan

HDFC Bank: Abuse of Customer Trust & Fiduciary Relationship

 October, 2016: Imagine you are having a gynaec examination. With his rubber-gloved fingers inside you, the gynaec starts a casual chat about why you should buy his home-grown brand of condoms and intimate products. Creepy? Yeah, well, but that’s how HDFC Bank and other private-sector banks work. Actually, HDFC Bank is like if your gynaec …

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justice-is-not-blind

Can IT Authorities Summon Judge Indrajit Mahanty for questioning?

10th September, 2016, Cuttack: One is puzzled by the accounting treatment for Justice Indrajit Mahanty’s Rs 2.5 crore working-capital loan for his hotel, The Triple C. Lakhs of rupees are withdrawn and repaid every month in two SBI loan accounts in the name of “Justice Indrajit Mahanty” and strangely, not in the name of Latest …

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What if Justice Indrajit Mahanty defaults on his “Debt Burden”?

7th September, 2016, Cuttack: Earlier this week, Justice Indrajit Mahanty of Orissa High Court admitted that he “carries a loan burden for his long-time business outfit”, through an opinion piece that was written on his behalf titled “Media sensation at times hits great guys, hurts society” in The Pioneer. (The “loan burden” is a Rs …

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