Latest News on Wilful Defaulters
Showing of 0 - 10 from 49 results
Wilful Defaulters - Total results - 49
Aug 27, 2018
Big wilful defaulters' dues to scam-hit Punjab National Bank drop 1.8% to Rs 15,175 crore in JulyThe bank made a recovery from bad loans to the tune of Rs 7,700 crore in the first quarter ended June, 2018-19 as a result of its turnaround strategy it adopted last year
Aug 14, 2018
Wilful defaulters, economic offenders may not settle a case, suggests Sebi panelSebi may not settle a proceeding in case the alleged default has market-wide impact, caused losses to a large number of investors, or affected the integrity of the market.
Aug 04, 2018
Minimum balance: SBI rakes it big with an extra Rs 2,433 cr in 2017-18Major private and public sector banks have collected more than Rs 11,500 crores from their customers in the past four years.
Jul 09, 2018
Punjab National Bank's big wilful defaulters' dues fall by 0.87 percent to Rs 15,354 cr in June, data showsPunjab National Bank suffered a standalone net loss of Rs 12,282.82 crore in 2017-18, as against a profit of Rs 1,324.80 crore in 2016-17
Apr 20, 2018
Scam-hit PNB gets passports of wilful defaulters impounded; expects to recover Rs 1800 cr from name and shame campaignState-run lender PNB is expected to recover around Rs 1,800 crore from its non-performing assets (NPAs) recovery mechanism - "Mission Gandhigiri"
Mar 13, 2018
Govt asks public sector banks to 'name and shame' wilful defaulters by publishing their photographs in newspapersThe number of wilful defaulters, who did not repay loans to public sector banks (PSBs) despite the capacity to do so, rose to 9,063 at the end of December 2017.
Mar 09, 2018
Wilful defaulters rise 1.7% till December, owe Rs 1.10 lakh cr to public sector banksThere are provisions for penal measures and criminal action against wilful defaulters as per the guidelines of Reserve Bank of India
Feb 13, 2018
Govt lauds RBI's stricter rules to tackle bad loans, says it is a wake up call for loan defaultersRevised framework has specified norms for 'early identification' of stressed assets, timelines for implementation of resolution plans
Jan 09, 2018
Vedanta races past Tata group to emerge as top bidder in resolution process for Electrosteel SteelsThe tribunal had appointed Dhaivat Anjaria of PwC as interim resolution professional to resolve the Electrosteel loans issue
Jan 02, 2018
Insolvency and Bankruptcy Code: An efficient mechanism for tackling NPAs but resolution professionals face challengesIntention of bringing in new insolvency law was essentially to clean up the banking mess and thereby providing a boost to the economy