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You are right Abid.... There are scams this year.. :(

Thanks 'n' Regards,
Deepti.
Recent headlines about the troubled subprime lending industry are making Americans more aware of the consequences of risky lending

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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.

Thanks 'n' Regards,
Deepti.
What a country is this?All those money dealing bodies are under scams!!!

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Yes Abid..... CBI is taking over this case.... Was waiting to see the final judgement..

Thanks 'n' Regards,
Deepti.
But the CBI taking also is a drama on these days.People committe have to enquire now.

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Several bankers and housing finance executives said the guidelines would become more stringent across-the-board, particularly for project financing.

Thanks 'n' Regards,
Deepti.
Yes the rules should be more strigent or else there wont be any end.
The stringent rules alone can not prevent this kind of fraud.What we need is stricter implementation.More sincerity and befitting punishment!
I think once caught all their assets should hold and dissolve in public fund.

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