Latest News on Loan Defaulter
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Loan Defaulter - Total results - 10
Aug 15, 2018
Sebi plans to stipulate framework for timely disclosure of loan defaults to enhance transparencySeveral companies and rating agencies have come under the Sebi canner for failing to make a timely disclosure about the loan default risks.
Aug 01, 2018
Kingfisher loan case: Is embattled liquor baron Vijay Mallya finally saying goodbye to his defiant self?If Vijay Mallya indeed returns now, it will be a big political victory for the Narendra Modi government ahead of crucial state elections and 2019 general elections.
Jul 26, 2018
Fugitive Economic Offenders Bill: A potent weapon, if rightly used, can bring the Mallyas, Choksis back to where they belongThe Bill ostracises an offender from any civil rights to make his case legally and gives the power to local authorities to attach his assets and initiate proceedings.
Jul 18, 2018
Essar Steel Insolvency case: Aurora Enterprises would have no control over firm, says Numetal to NCLATNCLAT had earlier asked for confirmation that Rewant Ruia as a shareholder of Numetal through AEL does not have a business or financial relation with Ravi Ruia for the purposes of Numetal's bid.
Apr 11, 2018
JSW, AION Investments get creditor's nod for bankrupt Monnet Ispat takeoverMonnet Ispat is among India’s 12 biggest loan defaulters, which were pushed into bankruptcy last year, as part of the country’s new bankruptcy law aimed at cutting close to $150 billion of accumulated soured loans.
Mar 06, 2018
Subramanian Swamy calls Adani ‘biggest NPA trapeze artiste’: Modi, Mallya crackdown is fine but let’s not miss forest for treesOne don’t know for sure whether Adani is the biggest loan defaulter or not, but, indeed the Adani group owes big chunks of money to banks
Feb 19, 2018
Nirav Modi's fraud case not a first for Punjab National Bank, it has been a sitting duck for decadesNirav Modi's case, and Rajendra Sethia before him, show there is something about PNB that makes it attractive to scamsters, loan defaulters and frauds.
Jun 09, 2017
Madhya Pradesh farmers' protest: Rahul Gandhi is only worsening problem with flawed logic on loan waiverRahul Gandhi's intent to help the grieving farmers is laudable, but his argument will only encourage more farmers to join the protests seeking freebies
Apr 19, 2017
Vijay Mallya arrest: Bail is a temporary win, but tycoon can’t flash the victim card anymoreThe core of Mallya’s arguments against banks and investigators has been that he hasn’t borrowed the money personally, but his airline did, hence the default cannot be his personal responsibility
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