The government issued two circulars recently authorising chairman-cum-managing directors or CEOs of public sector banks and the SFIO to request designated authorities to issue LOCs against any wilful defaulter or fraudster if they think the person may flee the country
from Latest News Business on Firstpost http://bit.ly/2Unju1Z
Monday, 28 January 2019
Govt empowers PSU banks to seek lookout circulars against wilful defaulters, fraudsters
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