Company booked for cheating

An air ambulance aviation company has been accused of cheating a youth from Mardol to the tune of Rs 3.50 lakh.

the goan I networkPublished Jun 22, 2017, 4:03 AM IST

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PONDA

According to Ponda Police, Shubham Valanju of Shimepayn-Mardol complained that the company failed to provide him service on the scheduled day. Police said the complainant had paid the money online for the service, as he had to shift his ailing father to a hospital in Mumbai. He had met with an accident in March. Acting on the complaint, Ponda Police registered the offense against the air ambulance aviation company and PSI Naveen Desai is investigating the case.

Two years on, RBI curbs on Mapusa bank loans hold

The Mapusa Urban Co-Operative Bank (MUCB) is still not being able to advance loans to its borrowers after the Reserve Bank of India (RBI) had imposed restrictions on them in July 2015.

the goan I network

Published Jun 22, 2017, 4:03 AM IST

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PANAJIDue to this directive , the bank has not been able to earn fresh interest income, which has severely affected the financial viability in the last two years. The director of The Mapusa Urban Co-operative Bank, Ramakant Khalap, said, “Our annual salary bill is around Rs 12 crore. It’s a cause of worry to us.” When asked whether the bank will retrench employees if not allowed by the RBI to issue fresh loans, Khalap replied, “We have already rationalised our employee…

Company booked for cheating

Two years on, RBI curbs on Mapusa bank loans hold

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