UCO Bank’s stern warning to loan defaulters

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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.

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