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Total 192 results found. Search for [ wilful%20defaulters ]

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Mail Today Bureau
May 24, 2018
The union cabinet on Wednesday approved the promulgation of an ordinance to amend the Insolvency and Bankruptcy Code (IBC) in order to classify homebuyers as financial creditors at par with banks which will enable them to get quick refunds from defaulting builders.


www.businesstoday.in
May 23, 2018



www.businesstoday.in
May 23, 2018



www.businesstoday.in
May 20, 2018



PTI
May 20, 2018
PNB saw wilful defaults by big borrowers slipping further to Rs 15,199.57 crore in April this year over the previous month. Big wilful defaulters are categorised by PNB as those borrowers with loan outstanding of Rs 25 lakh and over.


BusinessToday.In
New Delhi, May 9, 2018
The 62-year-old - who remains on a GBP 650,000 bail bond (over Rs 5.93 crore) since his arrest on an extradition warrant by Scotland Yard last April - is probably plotting the next course of action with his lawyers.


PTI
May 6, 2018
The public sector lender has been putting out the names of wilful defaulters and firms since June 2017. Within ten months, these defaults have grown by 28 per cent, from Rs 11,879.74 crore.


PTI
New Delhi, April 21, 2018
The Union Cabinet today approved a proposal to promulgate Fugitive Economic Offenders Ordinance 2018 that provides for confiscating properties and assets of economic offenders like loan defaulters who flee the country, sources said.


Niti Kiran
New Delhi, April 10, 2018
Minister of State for Finance Shiv Pratap Shukla in a written reply in the Lok Sabha revealed that as of December 2017, 2,108 FIRs were registered against wilful defaulters.


www.businesstoday.in
April 5, 2018



www.businesstoday.in
April 4, 2018



BusinessToday.In
New Delhi, March 29, 2018
Govt mandates banks to obtain certified copies of passports, to crack down on wilful defaulters


www.businesstoday.in
March 28, 2018



PTI
March 18, 2018
Several big defaulters like Nirav Modi, Mehul Choksi, Vijay Mallya and Jatin Mehta have fled the country, putting recovery mechanism in quandary.


www.businesstoday.in
New Delhi, March 15, 2018
At a time when public sector banks are reeling under bad loans and following the PNB fraud, things have further worsened. Watch BusinessToday.In video to find out how the Reserve Bank of India has laid out norms to identify a default and why it is relevant to 'name and shame' defaulters.


www.businesstoday.in
New Delhi, March 15, 2018
The Centre is considering barring wilful defaulters from leaving the country. There are about 400 of those who are wilful defaulters as per banking norms; The masses in India have taken to mutual funds as a means of investment for their future financial security and the Punjab National Bank has said it has detected yet another Rs 942 crore worth of loan to Mehul Choksi companies. BusinessToday.in Editor Rajeev Dubey explains on The Good, The Bad and The Ugly.


BusinessToday.In
New Delhi, March 15, 2018
Before Nirav Modi and Mehul Choksi , there was Vijay Mallya, who in turn was preceded by Lalit Modi and Jatin Mehta.


PTI
New Delhi, March 10, 2018
Passport details of borrowers taking loans of Rs 50 crore and more have been mandatory to ensure a swift action in case of fraud and prevent fraudsters from fleeing the country, a top official said today.


www.businesstoday.in
March 6, 2018



PTI
New Delhi, March 4, 2018
Public sector banks have written off loans worth Rs 516 crore owed by wilful defaulters in the first half of the current fiscal, as per the data collated by the finance ministry.


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