Banking and Financial News – 31 May 2014

IT Dept asked to share wealth details of defaulters with banks. - In a step to help public sector banks to recover bad loans, Finance Ministry has asked Income Tax Dept to share details of the defaulters’ wealth tax returns with public sector banks if they ask for such information. (The Hindu)

Only he who can see the invisible can do the impossible. ~ Frank L. Gaines

Courtesy : The Hindu