"The Bank has taken steps like attachment of properties of defaulter borrowers, public auctions of the same, filing criminal suits against defaulter borrowers/guarantors, etc. The Bank has also informed the names of its defaulter borrowers/guarantors to other banks for effective recovery," said Sudhir Pandit, administrator, Rupee Bank.source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-extends-banking-license-of-rupee-co-operative-bank-till-august-31/articleshow/83115494.cms
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