Legal Question in Banking Law in India

I m a govt employee and taken personal loan fron a bank.I want to transfer the money(5 lacs) to another account.Should i inform the govt about transfer of money? And what are bank's and RBI's rule about it ?

Asked on 8/01/11, 3:18 am

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if both the accounts are managed by you then what has RBI got to do with it.

Answered on 8/01/11, 3:56 am

Aniruddha Pawse Aniruddha.P.Pawse Advocates

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your question is not clear.

Answered on 8/01/11, 4:31 am

KarVai Legal Solutions Rajiv Gupta 9811284735 Ch.No: 359, Western Wing, Tis Hazari, Delhi www.karvai.in

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on the precautionary base u shuld tell them

Answered on 8/01/11, 11:52 pm

Sanjay Kalra Sanjay Kalra & Associates

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Loan of 5 lacs or some other money to some other account . Please clarify.

Answered on 8/02/11, 1:18 am

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