Legal Question in Banking Law in India

Loan taken and loan given

I live in orissa and i taken a loan of rs. 5 lacs from individual person and i given a loan of rs. 10 lacs to another person of chhattisgarh state . Can i required any licence not than how many loan shall be exempt from licence


Asked on 2/03/08, 4:48 am

1 Answer from Attorneys

G. M. Gupta gmguptaandassociates

Re: Loan taken and loan given

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Answered on 2/03/08, 10:34 am


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