Online edition of India's National Newspaper
Saturday, Dec 03, 2005
Online edition of India's National Newspaper Saturday, Dec 03, 2005 |
|
|
|
|
|
|
| Karnataka |
|
News:
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
Advts: Classifieds | Employment |
Karnataka
-
Bangalore
Special Correspondent
Bangalore: Kirloskar Electric Company on Friday clarified that the statement made by the Karnataka Pradesh Bank Employees Federation (KPBEF) that the company had "bad loans" is false.
`Not a defaulter'
Deputy Managing Director of Kirloskar Electric P.S.Malik, in a statement, said, "Kirloskar Electric has no default with regard to any loan to any bank whatsoever on March 31, 2004, nor is it today. We strongly object to the news item which is wholly devoid of truth." When contacted, KPBEF General Secretary H.V.Rai said that the federation had procured the list of bank loan defaulters from the All-India Bank Employees Association (AIBEA), which in turn had sourced it from the Reserve Bank of India. On the denial by Kirloskar Electric, Mr. Rai said he will get in touch with AIBEA and clarify the matter.
Printer friendly
page
News:
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
|
|
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2005, The
Hindu. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu
|
