Winsome Diamonds

Winsome’s Jatin Mehta and Raghuram Rajan’s 2015 list of frauds to PMO: More questions come up

Fraudsters have contributed to a significant chunk of the bad assets of banks, mainly the state-run ones which constitute 70 percent of the assets of Indian banking system.

Winsome Diamonds fraud case: CBI chargesheets two former CMDs of Canara bank

The CBI has filed a chargesheet against two former chairman cum managing directors of the Canara Bank in connection with alleged loan default of Rs 146 crore by Jatin Mehta of Winsome Diamonds

PNB wilful defaulters' list swells, 913 owe Rs 11,486 cr

The wilful defaulters list of PNB is topped by Winsome Diamonds and Jewellery with an outstanding of Rs 900.06 crore

From Subrata Roy to Mallya: The curious case of ultra rich Indians who do not repay even risking a jail term

Here are a few cases where promoters wouldn’t pay back to banks even though they have the financial ability to do so

Non-bailable warrant for Vijay Mallya but getting him will not end banks’ ordeal

According to RBI data, about Rs 1.14 lakh crore of bad loans have been written off by 27 public sector banks in fiscal year 2012-15

Question to Rajan: Has 'wilful defaulter' tag actually helped banks recover dues from cronies?

Rajan was largely silent on how banks can take ahead the loan recovery process from cronies, who are tagged as wilful defaulters. Clearly, he owes an answer

#BadLoanBomb: 7,129 accounts, Rs 70,540 cr; here's the list of top wilful defaulters

The question is will the government and RBI walk the talk and clamp down on wilful defaulters?

RBI redefines non-cooperative borrower but Mallya et al will get off the hook still