EASYOFFICE
EASYOFFICE

Loan to relative's defaulter

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
16 January 2015 Dear Sir,

Is there any rule or guideline of RBI that loan should not be given to relatives of defaulter? For example, if father is defaulter then his son can't be given loan for his son's own business

Please reply,
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
17 January 2015 there is o rule but bank before giving loan take information of your family background. on that basis bank reject the loan.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links