My friend was working in HDFC bank from 2.5 years as RM.
Now came to me for asking Help to manage his debt and asking me Suggession and possible option he can do.
He has around 10lacs of Debt including 2 personal loans And He borrowed Money from his cbatchmates and friends.
He don't use credit cards much so don't have any bills of credit cards.
When i asked him bhai itna karza kaise chdha
He said he used to Bet on Dream11 and lost some in Crypto. And to Cover that loss he took personal loans and borrowed money.
I personally did not believed what he did.
As his Salery is well enough he can Run his livlihood and run his house properly.
Neither he has wife nor Any GFs.
He just wanted more money at Quick time.
He asked for help and Being his Friend from childhood from (25+ years ) i helped him with 4 lacs and Settled his borrowing from his batchmates and friends.
I also mailed for moraetorium for 2 personal loans but they Denied.
Currently my friend is in Deep shock and Facing Severe brain issues. And doing his treatment.
Can anyone Suggest any way or any relief ideas for him.
I personaly trust on him and his Financial Behaviour. But i didn't getting much Idea about this situations
is There any bank policies or RBI guidelines or anything else so he get some temp. RELIEF.
Now came to me for asking Help to manage his debt and asking me Suggession and possible option he can do.
He has around 10lacs of Debt including 2 personal loans And He borrowed Money from his cbatchmates and friends.
He don't use credit cards much so don't have any bills of credit cards.
When i asked him bhai itna karza kaise chdha
He said he used to Bet on Dream11 and lost some in Crypto. And to Cover that loss he took personal loans and borrowed money.
I personally did not believed what he did.
As his Salery is well enough he can Run his livlihood and run his house properly.
Neither he has wife nor Any GFs.
He just wanted more money at Quick time.
He asked for help and Being his Friend from childhood from (25+ years ) i helped him with 4 lacs and Settled his borrowing from his batchmates and friends.
I also mailed for moraetorium for 2 personal loans but they Denied.
Currently my friend is in Deep shock and Facing Severe brain issues. And doing his treatment.
Can anyone Suggest any way or any relief ideas for him.
I personaly trust on him and his Financial Behaviour. But i didn't getting much Idea about this situations
is There any bank policies or RBI guidelines or anything else so he get some temp. RELIEF.