Extortion of inflated loans from farmers during #demonetisation

The Osmanabad District Cooperative Bank Ltd, has started sending notices to farmers with outstanding loans asking them to repay the loans or the bank would take socially humiliating measures against them. So far over 30 farmers in Nagur alone have received these notices; in the Lohara taluka, over 1000 farmers. The notices are dated 14th October 2016, however the farmers claim that they received them on the 23rd November 2016 (the notices are likely backdated, essentially rendering the one month notice meaningless). The farmers have been informed that unless the loans are repaid, they will begin to face recovery process in December.

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The grand demonetisation jumla

2 Comments / Politics & Political Commentary, Public Interest / Vidyut

Two nights ago, Modi suddenly appeared on TV and told people that the currency notes for Rs. 500 and Rs. 1000 would not be legal tender after midnight and anyone

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Axis Bank’s Presses Panic Button Issues Threat Letter to RNA Exotica flat-buyers

Leave a Comment / General, Politics & Political Commentary, Public Interest, Thought: Psychology, Religion and Phiosophy / Sulaiman Bhimani

Mumbai, 30th August, 2016: To recover its Rs 100 crore project loan to RNA Exotica before it becomes a bad debt like BOI’s loan and SBI’s loan, Axis Bank is pressing the panic-button and

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RNA Corp teaches Exotic Arithmetic to Axis Bank! “One-two-ka-four, four-two-ka-one, my name is Lakhan”

3 Comments / Uncategorized / Sulaiman Bhimani

Media Release: RNA Corp teaches Exotic Arithmetic to Axis Bank! “One-two-ka-four, four-two-ka-one, my name is Lakhan” 22nd June, 2016: When builder Anil Aggarwal’s Skyline Construction Co approached Axis Bank for

RNA Corp teaches Exotic Arithmetic to Axis Bank! “One-two-ka-four, four-two-ka-one, my name is Lakhan” Read More »

RNA Corp. Choose to default Govt Bank BOI & SBI only and spared pvt banks and corporate which I find unusual

Leave a Comment / General, Politics & Political Commentary, Public Interest / Sulaiman Bhimani

RNA Corp Pvt Ltd defaults, Bank of India takes possession of secured assets under Sarfaesi Posted onFebruary 20, 2016AuthoradminLeave a comment RNA Corp Pvt Ltd, a prominent Mumbai based developer,

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Multiple loans and a long summer ahead

2 Comments / Public Interest, Uncategorized / Jaideep Hardikar

Sheela Rathod was the first to consume a bottle of weedicide in their home. An hour later, as she was being rushed to a government hospital, her husband Mohan, consumed

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Bank statement of farmer Guruprasad Baburao Lange

Farmer debt-suicide. IDBI fine for not maintaining minimum account balance

Leave a Comment / Public Interest / Vidyut

Following images are of the bank passbook of debt burdened Guruprasad Baburao Lange of Latur who committed suicide because of debt, lack of income or work on the 16th of September. The

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Yakub Memon death warrant – what else is going on in India’s underworld?

1 Comment / Public Interest / Vidyut

When the state takes extreme steps that make no sense, I get curious. #Yakub Memon‘s hanging being scheduled for the 30th of this month, while the key accused of the

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Two Suicides, and the end of a promise

1 Comment / Public Interest / Jaideep Hardikar

Recently in Wardha and Yavatmal (Vidarbha, Maharashtra) Moreshwar Chaudhary was 32; Suraj Bhoyar, 29. On a wintry December 8, last, the two cotton growers consumed Monocrotophous, a commonly used pesticide,

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