Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

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    <h1 class="cat-box-title">Big Defaulters: When RBI Declines To Reveal to Parliament Details of Written-off Loans of Big Corporates</h1>
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                            <p style="text-align:justify">-MoneyLife.in</p><p style="text-align:justify">While lenders harass individual or small borrowers to the point of even releasing the borrowers&rsquo; photos to the press for publishing them, it appears that big corporate defaulters are bestowed with immunity from such humiliation. They are a protected species. In fact, Reserve Bank of India (RBI) even declined to reveal to the Lok Sabha the details of loans written off of major corporates.&nbsp;<br />&nbsp;<br />In a written reply, Dr Bhagwat Karad, minister of state for finance, told the Lok Sabha on Monday, &ldquo;With regard to details of major corporates whose loans were written off, RBI has informed that under the provisions of section 45E of the RBI Act, RBI is prohibited from disclosing credit information. Section 45E provides that credit information submitted by a bank shall be treated as confidential and not be published or otherwise disclosed.&rdquo;</p><p style="text-align:justify">Please <a href="https://www.moneylife.in/article/big-defaulters-when-rbi-declines-to-reveal-to-parliament-details-of-written-off-loans-of-big-corporates/65714.html" title="https://www.moneylife.in/article/big-defaulters-when-rbi-declines-to-reveal-to-parliament-details-of-written-off-loans-of-big-corporates/65714.html">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.moneylife.in/article/big-defaulters-when-rbi-declines-to-reveal-to-parliament-details-of-written-off-loans-of-big-corporates/65714.html" class="re" target="_blank">MoneyLife.in, 29 November, 2021, https://www.moneylife.in/article/big-defaulters-when-rbi-declines-to-reveal-to-parliament-details-of-written-off-loans-of-big-corporates/65714.html</a><div class="clear"></div>
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                            <p style="text-align:justify">-MoneyLife.in</p><p style="text-align:justify">While lenders harass individual or small borrowers to the point of even releasing the borrowers&rsquo; photos to the press for publishing them, it appears that big corporate defaulters are bestowed with immunity from such humiliation. They are a protected species. In fact, Reserve Bank of India (RBI) even declined to reveal to the Lok Sabha the details of loans written off of major corporates.&nbsp;<br />&nbsp;<br />In a written reply, Dr Bhagwat Karad, minister of state for finance, told the Lok Sabha on Monday, &ldquo;With regard to details of major corporates whose loans were written off, RBI has informed that under the provisions of section 45E of the RBI Act, RBI is prohibited from disclosing credit information. Section 45E provides that credit information submitted by a bank shall be treated as confidential and not be published or otherwise disclosed.&rdquo;</p><p style="text-align:justify">Please <a href="https://www.moneylife.in/article/big-defaulters-when-rbi-declines-to-reveal-to-parliament-details-of-written-off-loans-of-big-corporates/65714.html" title="https://www.moneylife.in/article/big-defaulters-when-rbi-declines-to-reveal-to-parliament-details-of-written-off-loans-of-big-corporates/65714.html">click here</a> to read more.&nbsp;</p>                                                           
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    <h1 class="cat-box-title">Big Defaulters: When RBI Declines To Reveal to Parliament Details of Written-off Loans of Big Corporates</h1>
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                            <p style="text-align:justify">-MoneyLife.in</p><p style="text-align:justify">While lenders harass individual or small borrowers to the point of even releasing the borrowers&rsquo; photos to the press for publishing them, it appears that big corporate defaulters are bestowed with immunity from such humiliation. They are a protected species. In fact, Reserve Bank of India (RBI) even declined to reveal to the Lok Sabha the details of loans written off of major corporates.&nbsp;<br />&nbsp;<br />In a written reply, Dr Bhagwat Karad, minister of state for finance, told the Lok Sabha on Monday, &ldquo;With regard to details of major corporates whose loans were written off, RBI has informed that under the provisions of section 45E of the RBI Act, RBI is prohibited from disclosing credit information. Section 45E provides that credit information submitted by a bank shall be treated as confidential and not be published or otherwise disclosed.&rdquo;</p><p style="text-align:justify">Please <a href="https://www.moneylife.in/article/big-defaulters-when-rbi-declines-to-reveal-to-parliament-details-of-written-off-loans-of-big-corporates/65714.html" title="https://www.moneylife.in/article/big-defaulters-when-rbi-declines-to-reveal-to-parliament-details-of-written-off-loans-of-big-corporates/65714.html">click here</a> to read more.&nbsp;</p>                                                           
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Big Defaulters: When RBI Declines To Reveal to Parliament Details of Written-off Loans of Big Corporates

Published on Nov 29, 2021   Modified on Nov 30, 2021

-MoneyLife.in While lenders harass individual or small borrowers to the point of even releasing the borrowers’ photos to the press for publishing them, it appears that big corporate defaulters are bestowed with immunity from such humiliation. They are a protected species. In fact, Reserve Bank of India (RBI) even declined to reveal to the Lok Sabha the details of loans written off of major corporates.    In a written reply, Dr Bhagwat Karad, minister of state for finance, told the Lok Sabha on Monday, “With regard to details of major corporates whose loans were written off, RBI has informed that under the provisions of section 45E of the RBI Act, RBI is prohibited from disclosing credit information. Section 45E provides that credit information submitted by a bank shall be treated as confidential and not be published or otherwise disclosed.” Please click here to read more.

MoneyLife.in, 29 November, 2021, https://www.moneylife.in/article/big-defaulters-when-rbi-declines-to-reveal-to-parliament-details-of-written-off-loans-of-big-corporates/65714.html

Tagged with: Loan Defaulters RBI Reserve Bank of India Lok Sabha written off loans Credit Information

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