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No directions to public lenders to cut real estate exp

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....o directions to public lenders to cut real estate exp <br>News and Press Release<br>Dated:- 27-11-2010<br><BR>New Delhi, Nov 26 (PTI) The Government today said it has not directed public sector banks ....

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....to cut exposure in real estate following the housing-finance bribery scam. "No why should we say this," Financial Services Secretary R Gopalan told reporters when asked if the government has given su....

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....ch directions to the state-run banks. The comments come in the wake of the housing-finance scam unearthed by CBI, which arrested the CEO of LIC Housing Finance, Ramachandran Nair, LIC Secretary (Inve....

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....stment) Naresh K Chopra and six other senior bankers in connection with a housing-finance racket. CBI has also issued notices to 21 companies to provide all the documents related to the case and expl....

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....ain any benefits received by them as also favours extended to the accused persons.<BR> News - Press release - PIB....