Monday, July 05, 2010

Goonda Banks

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Patna: Nearly four years after illegal banks run by criminals and musclemen in rural Bihar came to light, police have decided to launch a fresh probe into their operation.
The agents of ‘goonda banks’, as they are called, force people to deposit their hard earned money with the promise that it will be doubled within a year and provide loans at high interest rates.

They target farmers and local businessmen and confiscate the properties of those who are unable to pay back the loans. Read More................Fresh probe into ‘goonda banks’ in Bihar

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