To check wilful defaulters and fraudsters from fleeing the country, the government has now authorised CEOs of public sector banks (PSBs) to make a request for issuance of look-out circulars (LOCs) against suspects.

Govt authorises bank CEOs to request for look-out circulars against wilful defaulters

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Govt authorises bank CEOs to request for look-out circulars against wilful defaulters