I have takn a term loan from IDBI of 1105 cr, but fro some govt. policy I got some losses but now my unit is growing , now I have to repay of 705 cr to IDBI plz tell me some friendz name who can help me in this , I will me much tannkfull .
2007-03-13 05:49:42 · 4 answers · asked by danis _ 1 in Business & Finance ➔ Taxes ➔ India
Yes you can. Pledge your documents
2007-03-13 05:53:32 · answer #1 · answered by Expression 5 · 1⤊ 7⤋
First of all be careful while asking a question.
If You are a businessman then I am sorry you need to improve a lot to be a good businessman.
Clarify
What is the name of your company?
Is it a private limited or a public limited company ?
Whats the Govt policy which made you to pay back such an amount to ur banker?
What about your legal adviser ?
On what basis IDBI has sanctioned such a huge amount for your factory ?
What about the project report ?
How much you invested in the project beside this sanction?
How can any friend help you , if you are not sure about your spellings.
Anyway talking about your problem you can do any of the following-
Take finance from local people.
Ask your banker the reason why it wants money back ?
If its according to project report then bank can't ask you to pay back.
2007-03-13 19:40:40 · answer #2 · answered by MooN 6 · 5⤊ 1⤋
are these numbers right ? you mean Rs1105 crores loan, what is the name of ur company ? is this some sort of a test case u are throwing at us ? why would erstwhile business tycoons need advice on the net
2007-03-13 17:52:40 · answer #3 · answered by Anonymous · 1⤊ 7⤋
ya
2007-03-13 05:52:27 · answer #4 · answered by Anonymous · 1⤊ 7⤋