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Govt panel for ban on defaulter MLM firms, blocking websites

Last Updated: Sunday, November 18, 2012, 14:19

To check the menace of companies collecting money from the public through ponzi schemes, a government panel has suggested wide-ranging changes in the rules governing such businesses, including a ban on defaulter firms and blocking their websites being operated from abroad.

IDFC sees 20% credit growth this fiscal

Last Updated: Monday, October 29, 2012, 20:29

Lall said the non-banking finance corporation is hopeful of sound growth in profitability in this fiscal.