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Debt Recovery Barking News


Dues dispute casts shadow on Rs 750 cr MP bond issue (Business Standard India)

Government-owned Punjab & Sind Bank has filed a court case against the Madhya Pradesh government and its electricity utility for non-payment of dues, even as the local government is planning to borrow Rs 750 crore from the bond market.

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Rs 1,000-cr loss in loan recovery via DRTs (Business Standard India)

An internal audit undertaken by the Finance Ministry has revealed that officers entrusted to recover debt as per the orders of debt recovery tribunals (DRTs) often settled cases at a low amount, leading to a loss of at least Rs 1,036 crore.

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Telcos reap late-pay fees (The Courier Mail)

PHONE customers are being fined millions of dollars for late payments and more face fees for receiving bills in the post instead of electronically.

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Telcos out of order with fees (Daily Telegraph)

TELEPHONE customers are being fined millions of dollars for paying their bills late, and growing numbers face fees for receiving bills in the post instead of electronically.

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Phone billing barney (Herald Sun)

TELEPHONE customers are being fined a total of millions of dollars for paying bills late.

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Clampdown aims to reduce number of unpaid rates (Northern Daily Leader)

GUNNEDAH Shire Council will crack down on residents not paying their rates in an attempt to halve the 12 per cent outstanding rates figure.

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Uganda: New Vision to Invest More (AllAfrica.com)

Kampala — VISION Group has completed a successful year 2008 in a strong financial position and planned investments will go ahead in spite of the ongoing global economic recession, CEO Robert Kabushenga has said.

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