You Searched For "wilful defaulters" and got 20 results
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1 min read
PNB not the only bank to declare me a defaulter, will do what I have to do: Mallya
The man who is known for his flamboyance and hosting lavish parties even when his companies have be…
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
Unclaimed deposits of Rs 48,461 crore transferred to Depositor Education & Awareness Fund
ED has further informed that as on August 2, 2023, proceeds of crime of fugitive economic off…
PTI
4 mins read
Aeroflex Industries IPO opens on August 22 with a price band of ₹102-108
Mumbai-based Aeroflex Industries is opening its maiden public offer on August 22 and closes on Augu…
3 mins read
Aeroflex IPO subscribed 97x with aggressive bids from institutional investors
The initial public offer (IPO) of Mumbai-based Aeroflex Industries was subscribed 97 times over the…
2 mins read
SBI penalised for sending bills to man despite credit card's expiry
The forum noted that the company had blacklisted him in the CIBIL system of the wilful defaulte…
PTI
1 min read
₹10 lakh crore - that's how much banks wrote off in the last 5 years
A recent Parliament reply disclosed that scheduled commercial banks have written off loans worth ab…
3 mins read
Former IDBI GM conspired with Vijay Mallya over short term loan to Kingfisher Airlines: CBI
A senior IDBI Bank official allegedly conspired with businessman Vijay Mallya for sanction and disb…
PTI
2 mins read
Indian government doesn't want anything to do with cryptocurrencies but is open to blockchain technology
In another reply, Karad said the gross NPAs reported by public and private sector ba…
PTI
5 mins read
Sah Polymers IPO to open on Dec 30, price band set at ₹61-65 a share
Sah Polymers, a polymer manufacturer and packaging solutions provider based in Udaipur, will open i…
2 mins read
Indian banks could have more than ₹10 lakh crore non-performing assets by March 2022
The gross non-performing assets (GNPAs) of banks are expected to cross ₹10 lakh crore by March 2022…
2 mins read
Indian banks might never recover ₹68,607 crore of bad loans says RTI data
Prominent RTI activist Saket Gokhale had filed an RTI query with the RBI seeking details of the …
2 mins read
Pro-business, not pro-crony policies, to help achieve USD 5 trn GDP milestone: Survey
New Delhi, Jan 31 () Promotion of pro-business policies and weaning away from 'pro-crony' norms wil…
PTI
2 mins read
PNB win in UK court may set precedent for Mallya loan recovery
The judgement may set a precedent in the debt recovery case in the UK against Mallya by a consor…
2 mins read
Facebook India Head goes to Supreme Court against Delhi Assembly Panel's summons on 'hate speech'
Mohan had been asked to appear before the committee today. Instead, a three-member bench of the …
3 mins read
India's Supreme Court waives compound interest on ALL loans put under moratorium due to COVID-19 pandemic
India’s apex court has ordered the waiver of interest on interest on all loans under moratorium, no…
2 mins read
ArcelorMittal isn’t giving up on its bid for Essar Steel without a fight
However, ArcelorMittal’s bid was subject to one condition - it said it would only pay the outs…
3 mins read
Govt puts in place stringent disclosure norms for auditor reports of companies
As per the latest CARO, an auditor has to render opinion based on various aspects that "no materia…
PTI
1 min read
Karnataka Bank reports Rs 40.39cr fraud by Hanung Toys and Textiles
New Delhi, Dec 4 () Private lender Karnataka Bank on Wednesday said it has reported to the RBI a fr…
PTI
2 mins read
ArcelorMittal submits a higher bid for bankrupt Essar Steel but on one condition
A fresh round of bidding for the indebted Essar Steel - which was one of the first 12 accounts iden…