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Housing Loan Scam

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Current Affairs & Latest News
The economic offences wing of the Central Bureau of Investigation on Wednesday unearthed a major fake housing loan racket and arrested eight officials from various banks on graft charges.

20 Replies

U
As Chinmoy stated the nation is rocked with scams. :( :( :(
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U
As Sumit rightly says that all these state-owned institutions are great sources of corruption and I don't know what would be the fate of these so-called raids!!
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U
Punjab bank and LIC are are proved to be involved in the scam.

Punjab Bank has to face the CBI's music... :o
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U
The year is going to end and I think this year will come in Guinness book as year of scams!
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U
oh god!!! :ohmy: another housing scam..i think it is really going to be record this year with so many scams.. :S
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U
Sensex slumped below the crucial 19,000-level in intra-day trading as the housing loan scam continued to hammer realty stocks, closing with a loss of about 182 points.... :(
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U
@Deepti,
I know you are an expert in sharing cooking tips,health tips,politics and current affairs.Now a days you rock in informing us about sensex too.Hats off to you!!! :) :)
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U
I too find Deepti has been taking great interest in stock markets! That's very good! Keep it up!
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U
;) ;) I have not shared information about this....

:) I was not expert but have knowledge and do follow the market... ;)
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U
This year will be in Guinnes book having year of scams!!!What do you think friends?
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U
You are right Abid.... There are scams this year.. :(
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U
Recent headlines about the troubled subprime lending industry are making Americans more aware of the consequences of risky lending
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U
The latest one involves officials at LIC Housing Finance, Bank of India and several other banks taking bribes for doling out multi-crore loans to real estate companies.
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U
What a country is this?All those money dealing bodies are under scams!!!
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U
Yes Abid..... CBI is taking over this case.... Was waiting to see the final judgement..
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U
But the CBI taking also is a drama on these days.People committe have to enquire now.
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U
Several bankers and housing finance executives said the guidelines would become more stringent across-the-board, particularly for project financing.
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U
Yes the rules should be more strigent or else there wont be any end.
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U
The stringent rules alone can not prevent this kind of fraud.What we need is stricter implementation.More sincerity and befitting punishment!
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U
I think once caught all their assets should hold and dissolve in public fund.
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Topic Author

D

Deepti

@kdeepti

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Created Thursday, 25 November 2010 14:52
Last Updated Tuesday, 30 November -0001 00:00
Replies 0
Views 1.9K
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