Raipur

UCO Bank’s stern warning to loan defaulters

Staff Reporter

The United Commercial Bank in Chhattisgarh’s Bhilai city said on Friday that the proprietor of Aditi Limestone, Manish Kumar Singh, was arrested on Thursday for defaulting on a loan of Rs. 25 lakhs.

His account was a non-performing asset in 2021. The arrest followed an order of the Debt Recovery Tribunal in Jabalpur.