The Reserve Bank of India (RBI) has, for more than three weeks, been checking for stressed assets on banks’ books…
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More than 120 wilful defaulters owe public sector lender IDBI Bank Rs 5,372 crore as on May 16, 2018. Of…
The order came during the hearing of an appeal by ICICI Bank against Oceanic Tropical Fruits, State Bank of India,…
More than 4,000 borrowers with outstanding loans of Rs 1.2 lakh crore have defaulted under the Reserve Bank of India’s…
Close to 70% of the claims made by companies related to the Essar Group on Essar Steel have been rejected…
Going by the recent order on Alok Industries from the National Company Law Tribunal (NCLT), it would appear State Bank…
Write-offs by banks for loans disbursed to the priority sector—primarily agriculture, MSMEs and smaller homes—account for about a fourth of…
While banks have made provisions for these assets, in keeping with the Reserve Bank of India’s rules, they may need…
The appellate tribunal noted the chairman/managing director/director of RCom would undertake to pay Rs 550 crore to Ericsson within 120…
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