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Total 55 results found. Search for [ defaulter borrower ]

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PTI
New Delhi, June 26, 2019
CBDT said the order has been issued in public interest after a number of such requests were received by it from public sector banks (PSBs) seeking information of immovable assets of a loan defaulter to effect recovery from them.


PTI
June 26, 2019



BusinessToday.In
New Delhi, June 17, 2019
UCO Bank has been reporting losses for 14 quarters now and its gross NPA is at Rs 29,888 crore or 25 per cent. Its list of wilful defaulters also includes Mehul Choksi.


PTI
June 12, 2019



PTI
June 11, 2019
As per the report, a part of a loan disbursed to SIVA Group was used by the borrower to pay IFIN for the liabilities arising out of a debt syndication fee


Reuters
New Delhi, June 8, 2019
In Friday's circular, the RBI says lenders should work on a resolution plan based on the financial health of borrowers even before a default


BusinessToday.In
New Delhi, June 5, 2019
Vijay Goverdhandas Kalantri and his son Vishal Kalantri, a director of the Dighi Port, owe nearly Rs 3,334 crore to a consortium of 16 Indian banks led by Bank of India


PTI
December 23, 2018
The Reserve Bank of India has shortlisted six major IT companies, including TCS, Wipro and IBM India, to set up a wide-based digital Public Credit Registry (PCR) for capturing details of all borrowers and wilful defaulters.


PTI
December 23, 2018



PTI
December 11, 2018
In a major boost to India's efforts to bring back Mallya, who is wanted for loan default worth around Rs 9,000 crore to a consortium of 13 banks led by SBI, a UK court Monday ordered his extradition.


BusinessToday.In
New Delhi, December 10, 2018
Mallya had earlier said that he \"did not borrow a single rupee. The borrower was Kingfisher Airlines\".


PTI
November 4, 2018
The Reserve Bank has initiated steps to set up a wide-based digital Public Credit Registry (PCR) to capture details of all borrowers, including wilful defaulters and also the pending legal suits in order to check financial delinquencies.


BusinessToday.In
April 26, 2018
The Punjab National Bank (PNB), it seems, is leaving no stone unturned to recover the dues which have been classified as NPAs. The second largest public sector lender is soliciting services of detective agencies to get hold of absconding loan defaulters.


Mahesh Nayak
New Delhi, September 7, 2017
Two years back Amit Magia, who was arranging funds for corporate India, saw a huge opportunity emerging in the affordable housing space.


PTI
New Delhi, August 27, 2017
Public sector banks have taken loan recovery action under Sarfaesi law against 5,954 wilful defaulters owing about Rs70,000 crore to the lenders.


Mail Today Bureau
New Delhi, August 21, 2017
As many as 1,762 wilful defaulters owed Rs 25,104 crore to State Bank of India as on March 31 this year, straining its balance sheet and limiting its capacity to extend loans to genuine investors.


PTI
New Delhi, August 20, 2017
Country's largest lender SBI accounts for over 27% of the total amount owed to public sector banks by wilful defaulters.


PTI
New Delhi, August 15, 2017
Meanwhile, there has been almost 10 per cent increase in number of wilful defaulters simultaneously on annual basis as number of wilful defaulters increased to 8,915 at the end of March in comparison to 8,167 in the previous fiscal.


By Anand Adhikari
Delhi, June 24, 2017
The RBIs fast track bankruptcy process across a dozen large stressed corporates will either see a resolution or liquidation in the next 180 days. Heres how things would unfold.


Dipak Mondal
April 25, 2017
These are early days for insolvency professionals and nobody knows what fate they could meet in the future. Will they be as effective as touted, or poor implementation would result in this law facing the same fate as the previous ones?


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