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Book Review | The Dirty Dozen: The Story Of India's 12 Biggest Corporate Defaulters
N. Sundaresha Subramanian chronicles the travails of the IBC in each of the 'Big Twelve' cases in finding the resolution. In some instances, the journey becomes more important than the destination.
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Banks Recover Rs 13,100 Crore From Vijay Mallya, Nirav Modi, Mehul Choksi
Finance Minister Nirmala Sitharaman today said that banks have recovered Rs 13,109.17 crore from asset sale of fugitives like Vijay Mallya, Nirav Modi and Mehul Choksi.
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Punjab National Bank Admits Loan Defaults Of Over Rs 25,000 Crore
Of these 1,142, PNB has so far initiated recovery proceedings by filing suits against 1,108 defaulters to recover Rs 23,879.8 crore
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PNB Alleges Manipur Congress Candidate Defaulted On Rs 100 Crore Loan
The Congress in Manipur is facing major embarrassment days before the Lok Sabha elections begin. K James, the Outer Manipur candidate of the Congress, has been accused of defaulting loans worth Rs 100 crore of state-run lender Punjab National Bank.
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Amid RBI Reluctance To Name Big Loan Defaulters, 4 Banks Lead The Way
In the wake of the Central Information Commission's notice to the Reserve Bank of India and the Prime Minister's office over their reluctance to make the names of wilful defaulters public, NDTV found at least four of the top ten public sector banks have already made this information available on their websites.
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India Considering Barring 91 Defaulters From Going Abroad: Report
India has compiled a list of people it is considering barring from leaving the country because of their involvement with companies that have defaulted on loans, a person with knowledge of the matter said.
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Centre Tables Bill In Parliament To Impound, Sell Assets Of Fraudsters, Fugitives
The government has tabled a bill that seeks to confiscate all the assets of absconding fraudsters and loan defaulters for recovering dues from them.
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How Companies Play On The 'Duplicate Effect' To Dupe Banks
Vijay Mallya may have emerged as the face of bank fraud, but there are many more instances of lesser known private companies accused of cheating banks of crores of rupees.
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Repay Loans in National Interest: PNB Chief to Defaulters
Those who have the capacity must return their bank loans in the larger interest of the country, PNB Managing Director Usha Ananthasubramanian said today after the bank declared the promoter of defunct Kingfisher Airlines, Vijay Mallya, as a wilful defaulter.
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PNB Identifies 400 Wilful Defaulters; to Sell 3000 Crore NPAs
Saddled with bad loans, PNB on Tuesday said it has reported to RBI 400 'wilful defaulters', and plans to sell Non Performing Assets worth up to Rs 3,000 crore to ARCs in the current fiscal.
-
Book Review | The Dirty Dozen: The Story Of India's 12 Biggest Corporate Defaulters
N. Sundaresha Subramanian chronicles the travails of the IBC in each of the 'Big Twelve' cases in finding the resolution. In some instances, the journey becomes more important than the destination.
-
Banks Recover Rs 13,100 Crore From Vijay Mallya, Nirav Modi, Mehul Choksi
Finance Minister Nirmala Sitharaman today said that banks have recovered Rs 13,109.17 crore from asset sale of fugitives like Vijay Mallya, Nirav Modi and Mehul Choksi.
-
Punjab National Bank Admits Loan Defaults Of Over Rs 25,000 Crore
Of these 1,142, PNB has so far initiated recovery proceedings by filing suits against 1,108 defaulters to recover Rs 23,879.8 crore
-
PNB Alleges Manipur Congress Candidate Defaulted On Rs 100 Crore Loan
The Congress in Manipur is facing major embarrassment days before the Lok Sabha elections begin. K James, the Outer Manipur candidate of the Congress, has been accused of defaulting loans worth Rs 100 crore of state-run lender Punjab National Bank.
-
Amid RBI Reluctance To Name Big Loan Defaulters, 4 Banks Lead The Way
In the wake of the Central Information Commission's notice to the Reserve Bank of India and the Prime Minister's office over their reluctance to make the names of wilful defaulters public, NDTV found at least four of the top ten public sector banks have already made this information available on their websites.
-
India Considering Barring 91 Defaulters From Going Abroad: Report
India has compiled a list of people it is considering barring from leaving the country because of their involvement with companies that have defaulted on loans, a person with knowledge of the matter said.
-
Centre Tables Bill In Parliament To Impound, Sell Assets Of Fraudsters, Fugitives
The government has tabled a bill that seeks to confiscate all the assets of absconding fraudsters and loan defaulters for recovering dues from them.
-
How Companies Play On The 'Duplicate Effect' To Dupe Banks
Vijay Mallya may have emerged as the face of bank fraud, but there are many more instances of lesser known private companies accused of cheating banks of crores of rupees.
-
Repay Loans in National Interest: PNB Chief to Defaulters
Those who have the capacity must return their bank loans in the larger interest of the country, PNB Managing Director Usha Ananthasubramanian said today after the bank declared the promoter of defunct Kingfisher Airlines, Vijay Mallya, as a wilful defaulter.
-
PNB Identifies 400 Wilful Defaulters; to Sell 3000 Crore NPAs
Saddled with bad loans, PNB on Tuesday said it has reported to RBI 400 'wilful defaulters', and plans to sell Non Performing Assets worth up to Rs 3,000 crore to ARCs in the current fiscal.
