Latest News on Bank Loan Default
Showing of 0 - 10 from 12 results
Bank Loan Default - Total results - 12
-
Jan 06, 2020
Vijay Mallya cannot use pendency of plea to stall insolvency proceedings against him in other jurisdictions: SC
Vijay Mallya, who is currently in the UK, has been charged by the Enforcement Directorate (ED) with defaulting on bank loans to the tune of Rs 9,000 crore. -
Jun 28, 2018
If ED, CBI object proposal to sell assets, it'd show agenda beyond dues recovery, says Vijay Mallya
In a series of tweets a day after claiming that he has become the "poster boy" of bank default and a lightning rod for public anger, Vijay Mallya said he will continue to make every effort to settle dues with the bank -
Jun 27, 2018
Vijay Mallya breaking silence because 'prime minister, finance minister did not respond' to his letters
Mallya wrote a letter to Prime Minister Narendra Modi which he made public on Twitter on Tuesday. -
Jun 27, 2018
'Settlement initiatives date back to 2016,' says Vijay Mallya after MJ Akbar's claim that liquor baron had years to repay debts
Akbar said if Mallya wanted to repay his bank dues, he had many years to do so. -
Feb 14, 2018
RBI overhauls bad loan treatment norms for banks: All you need to know about the new framework
The new RBI guidelines have scrapped all loan restructuring schemes present in the banking system to deal with stressed assets. -
Feb 09, 2017
India gives extradition request for Vijay Mallya to the UK High Commission: MEA
Asserting that India has a "legitimate" case against Mallya, External Affairs Ministry Spokesman Vikas Swarup said if an extradition request is honoured, it shows their "sensitivity towards our concerns". -
May 06, 2016
Corporate NPAs in sarkari banks double in 3 yrs; can new Bankruptcy law offer antidote?
In just 3-years, the corporate Non-Performing Assets (NPAs) of sarakari banks more than doubled as a percent of total corporate loans, going by the information provided by Minister of state of finance, Jayant Sinha, in Parliament. -
May 05, 2016
Chartered accountants' apex body reviews financial statements of Mallya group firms
Chartered accountants' apex body ICAI is reviewing financial statements of certain Vijay Mallya group firms to assess the role of auditors and has warned of strict disciplinary action in case of violations. -
May 04, 2016
Rs 66,000 crore question: Why are banks slow to deal with wilful defaulters?
Array -
May 03, 2016
Mr Mallya, why don't you return to India if you are not a defaulter?
Vijay Mallya, not definitely the King of Good Times these days, isn’t a happy man with so many recent developments. One such is the ‘media trial’ against him since 2 March—the day when he left the country with seven bags, an unidentified woman, Rs9000 crore loan obligation, a wilful defaulter notice and charges on financial irregularities.
