Latest News on Default
Showing of 0 - 10 from 33 results
Default - Total results - 33
Jun 08, 2019
RBI relaxes stressed asset norms for lenders; directs banks to review borrower's accounts within 30 days of defaultIn Friday's circular, the RBI said lenders should work on a resolution plan based on the financial health of borrowers even before a default.
Dec 21, 2018
IL&FS to sell stake in education, wealth management arms; firm's financial services subsidiary defaults term loan of Rs 100 crThe crippled infra lender is selling the group's stake in IL&FS Education & Technology Services (IETS), along with other subsidiary businesses and IIML along with all its associated fund management platforms.
Sep 28, 2018
Crisil retains rating on Rs 15,000-cr commercial paper of Dewan Housing FinanceCrisil on Friday retained A1+ rating on Rs 15,000 crore commercial paper (CP) programme of DHFL, whose stocks have been under pressure due to concerns over default
Aug 21, 2017
Bank bad loans: Defaulters owe 27% of total amount to SBI alone, Punjab National Bank nextThe total outstanding loans by wilful defaulters rose to Rs 92,376 crore at the end of financial year 2016-17, from Rs 76,685 crore at the end of last fiscal 2015-16 -- up 20.4 percent.
Feb 24, 2017
Kingfisher loan default: Vijay Mallya can't accuse banks for holding him 'personally responsible'Mallya continues to refute every single charge raised against him by Indian government and is determined to put up a strong fight against any attempts to get him back to India and try under Indian laws
May 04, 2016
No honourable exit for Vijay Mallya? RS Chairman rejects resignationLiquor baron Vijay Mallya sent a resignation letter to the Rajya Sabha, however, Chairman of the Upper House, Hamid Ansari rejected the resignation letter
Jul 01, 2015
Greece ready to call off referendum, Eurozone finmins to evaluate new proposalsGreece leaders pushing new terms for a possible third bailout
Jun 30, 2015
Greece exit won't be comparable to 2008 collapse: Here's how crisis may unfoldBetween now and 5 July, Greece remains suspended between collapse and an uncertain rescue
Feb 19, 2015
Debt Crisis: Greece seeks six-month loan extension from European UnionGreece has formally asked the EU for a six-month loan extension, officials in Athens and Brussels said, hoping to avoid default and draft a new deal with its creditors. Greece has formally asked the EU for a six-month loan extension, officials in Athens and Brussels said, hoping to avoid default and draft a new deal with its creditors.
Dec 22, 2014
RBI tightens lending norms for 'non-cooperative' borrowersThose having ability to pay but still defaulting and thwarting lenders efforts for recovery of their dues by hiding information would be classified as non-cooperative borrowers, RBI said today.