Latest News on Wilful Defaulters
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Wilful Defaulters - Total results - 54
Dec 14, 2018
Public sector banks file over 2,500 FIRs against wilful defaulters till September-end: Arun JaitleyOn why the names of wilful defaulters of PSBs cannot be made public, Jaitley said the list of suit-filed defaulters of Rs 1 crore and above and the list of suit-filed defaulters of Rs 25 lakh and above are available in public domain on the websites of the Credit Information Companies (CICs).
Nov 23, 2018
CEOs of state banks can request for look-out notices against wilful defaulters, fraudstersEarlier this year, the government formed an inter-ministerial panel to look into various issues, including how to put a check on wilful defaulters fleeing the country.
Nov 22, 2018
Govt authorises CEOs of public sector banks to request for look-out circulars against wilful defaultersTo check wilful defaulters and fraudsters from fleeing the country, the government has now authorised CEOs of public sector banks (PSBs) to make a request for issuance of look-out circulars (LOCs) against suspects
Nov 06, 2018
CIC show-cause notice to RBI governor: It's high time the central bank ended the secrecy on wilful defaulter dataThe RBI has been taking shelter under the archaic law that there is a fiduciary relationship between a bank and its debtor so much so that any disclosure about his loan status would amount to this sacred relationship.
Oct 26, 2018
Ruias bid to regain Essar Steel with late payment smells of moral hazard; banks and govt must look at non-cooperative behaviourFrom all indications, the Essar Steel insolvency process shows the Ruias need to be put under a lens.
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"