Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax

Total 771 results found. Search for [ NPA ]

Results 1 to 21 of 771
February 25, 2018

New Delhi, February 24, 2018
Speaking for the second time this week on the scandal enveloping Punjab National Bank, Jaitley slammed lack of ethics in certain sections of businesses and said multiple layers of auditing system chose to either look the other way or did a casual job.
New Delhi, February 22, 2018
The agency was questioning the stationery czar-turned-loan defaulter for the past three days. Kothari had taken several loans worth Rs 2,919 crore - with interest around Rs 3,695 crore - from a consortium of seven banks since 2008, but allegedly used the money for other business purposes, and defaulted on them.
February 22, 2018

Mahesh Nayak
New Delhi, February 21, 2018
\"How safe our technology is, is going to be an important risk for the industry to consider\", says Caldwell.
February 21, 2018

Nevin John
New Delhi, February 21, 2018
Insolvency proceedings against the 12 big companies are the first test of the effectiveness of the Insolvency and Bankruptcy Code (IBC) in handling non-performing assets or NPAs
New Delhi, February 21, 2018
Kothari, who owns Rotomac Pens Limited, is being probed for defaulting loans worth Rs 2,919 crore - with bank interest around Rs 3,615 crore - which he took from a consortium of seven banks since 2008 but allegedly used the money for other business purposes than it was intended for.
February 20, 2018
February 20, 2018
New Delhi, February 20, 2018
The ED and the CBI cases lodged against the businessman say he defrauded seven banks by using loans meant to procure wheat and export of goods for various other purposes.
New Delhi, February 20, 2018
The CBI on Monday evening arrested three senior officers of PNB for their alleged involvement in the Rs 11,400 crore fraud pertaining to Nirav Modi and his uncle Mehul Choksi.
New Delhi, February 19, 2018
As the security agencies grapple with the investigation pertaining to the PNB fraud case involving billionaire Nirav Modi, they now have another challenge to tackle - Rotomac Pens loan default case, which is pegged to be over Rs 2,919 crore.
February 18, 2018
New Delhi, February 15, 2018
The bouquets and brickbats and reservations continue to fly thick after the Reserve Bank of India's surprise announcement of a new framework to deal with stressed assets earlier this week.
New Delhi, February 14, 2018
The banking stocks reacted negatively on Wednesday after a fraud worth Rs 11,335 crore was discovered at a PNB branch in Mumbai, and the RBI announced new NPA norms, which bent the sentiments towards the banking stocks. Benchmark Sensex succumbed to fag-end profit-booking to end 144 points lower. PNB plunged 9.81% after the lender said it detected fraudulent transactions worth $1.77 billion. Watch a report.

Niti Kiran
New Delhi, February 14, 2018
PNB has detected fraudulent transactions amounting to more than $ 1.77 billion from one of its branch in Mumbai in probably one of the biggest scams in Indian corporate history.
February 14, 2018
New Delhi, February 14, 2018
Why RBI new bad loans resolution will greatly influence the process of loan recovery; Why GST rollout could have been planned in a better way;  Why road ahead for Bitcoins is getting difficult with many banks not permitting investors to use their cards for trading of bitcoins or cryptocurrencies. All this and more with Editor Rajeev Dubey on The Good, The Bad and The Ugly

Mail Today Bureau
February 14, 2018
The apex bank's revised framework, issued late on Monday, seeks to push more big defaulters towards bankruptcy in a bid to clean up mounting bad loans faced by lenders.

PAGES 1 OF 39  12345