BANKING

LIC Housing Finance took symbolical possession of a property in Churchgate, Mumbai, for which Essel Group Chairman Subhash Chandra acted as a guarantor due to unpaid debts. In a recent newspaper advertisement, LIC Housing Finance revealed that it had sent a demand notice to the borrower, Vasant Sagar Properties, PAN India Infraprojects, along with guarantor Subhash Chandra

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