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Total 57 results found. Search for [ defaulter borrower ]

Results 1 to 21 of 57
Nevin John
New Delhi, July 22, 2020
India Inc. and its lenders are in a legal crisis. Pre-empting a financial meltdown due to the Covid-19 lockdown, the Centre has suspended the Insolvency and Bankruptcy Code for a year

Anand Adhikari
Mumbai, December 20, 2019
These are cases where SBI suspects borrowers have not paid up despite having money, have diverted bank funds for purposes other than stated initially, have siphoned off funds, or have disposed of charged assets bought from the bank funds

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.

June 26, 2019

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.

June 12, 2019

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

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

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

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.

December 23, 2018

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.

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

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.

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.

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.

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.

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.

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