Indian Businessman Vijay Maliya who fled India in March 2016 under heavy debts from several public sector banks including the state bank of India, has now been sentenced to 4 months in jail by the sup
Financial crises and debt can cause stress beyond what someone could ever imagine. In one such incident 5 members of a debt ridden family in Bihar were found hanging in the house.
Sri Lankans have had to contend with debilitating power cuts lasting 13 hours, inflation rates crossing 17% and a steeply devalued currency.
15th April is an extremely crucial day for Jet Airways and could well decide whether the debt-ridden airlines formally closes down or continues flying.
The Kutchi-Visa-Oswal community has borrowers default on loans worth Rs 4000 Cr.