Banking & Finance
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Banking Finance is most important for establishment of any company, Industry, purchasing house, purchasing car, purchasing commercial property and personal loan and credit. etc, i.e without loan from a bank or financial institution its very difficult to develop to start business, industry or to develop the business etc.
Banks are the financial institutions which accept deposits from the people and give loans to the needy people for the purpose of consumption or investment. The banks which accept deposits and lend money to the people for consumption or for investment purpose. The banks perform all kinds of banking business. Since these banks normally advance short-term loans medium-term and long-term lending to the businessmen and traders. Majority of the commercial banks are in the public sector. Banking laws are basically controlled by various kinds of RBI guidelines and notifications issued from time to time. Banking laws are very important from the point of view of debt repayment, debt restructuring, and debt recovery.
So, a dispute with a bank on a loan is a common issue. Any loan, whether it be, commercial, industrial, Educational, Personal, Car or Housing, on credit card involves a lot of technicalities and often disputes and misunderstanding occur.
LEGOSPY Banking Lawyers in Hyderabad are expertise in all kinds of banking cases related to defending and contesting all the bank matters, Cheque bounce cases, loan cases, guarantee cases, Indemnity cases, recovery matters, defending debt recovery matters against banks. Our firm lawyer are expertise in mortgages, insolvency, indemnity, NPA settlements, revivals, debt restructuring, interest reduction, take over arrangements from Banks, private sources.
LEGOSPY Law Firm provides online drafting and vetting of documents related to banking laws in India.
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