You Searched For "Willful defaulter" and got 14 results
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4 mins read
SEBI wants to tag defaulters as "difficult to recover" where recovery is virtually impossible
Capital market regulator SEBI is planning to attach a 'difficult to recover' tag for individual d…
PTI
1 min read
Yash Birla declared ‘willful defaulter’ by a bank that was founded by his great grand uncle
Birla was sent several notices regarding the repayment of the loan. His company was given a cred…
1 min read
SBI cleans up its balance sheets by writing off loans of 63 willful defaulters, including Vijay Mallya
SBI has mostly dropped the money willfully under Collection Account (AUCA), commonly known as a wri…
1 min read
CBI, India's premier investigating agency, has raided corporate loan defaulters in 12 states
In a major crackdown against bank loan defaulters, the Central Bureau of Investigation (CBI) on Tu…
1 min read
Will work with gems, jewellery industry on import duty demand: Goyal
New Delhi, Nov 22 () Commerce and Industry Minister Piyush Goyal on Friday said he will work with g…
PTI
2 mins read
New Sebi framework to boost depository receipt issuances
New Delhi, Dec 1 () In a move that may benefit Indian companies as well as foreign investors, regul…
PTI
2 mins read
Raghuram Rajan's warning about Mudra loans last year may be coming true— and now a Citi report confirms it
Many of the working capital loans made to India's small entrepreneurs may be turning bad. MK Jain, …
1 min read
UK court allows Indian banks to collect claims worth $1.55 billion from tycoon Vijay Mallya
The prosecution, which was representing the banks, successfully argued that Mallya “willfully …
3 mins read
Budget 2020 aside, these are some of the reforms that India can execute without causing political 'heat and tension'
Policy analysts at the Raisina Dialogue 2020 feel the government may be a little distracted. How…
1 min read
Another Mallya in the making? A wait of two years and lenders receive peanuts from Winsome group
Winsome spokespersons and its promoter Jatin Mehta have maintained their stand of being unable to r…
1 min read
Now, PAN required if combined cash deposits exceed INR 2.5 lakh till December 30
A circular issued yesterday says deposits made between 9 Nov and 30 Dec 2016 will require a PAN if …
2 mins read
'Forcing Vijay Mallya to come back to India is bad strategy'
Tech investor TV Mohandas Pai today said that forcing beleaguered businessman Vijay Mallya, who owe…
1 min read
Increasing Troubles for Vijay Mallya: After UBI, IDBI To Declare Him As Wilful Defaulter
“Last week, IDBI too had sent a letter to the management regarding their outstanding debts. Vijay M…
3 mins read
Ushering in a tectonic shift in mobile payments
This is how it will work currently. You will need to download the UPI app and register a virtual ID…