Search For "bank loan"
ED attaches assets worth Rs 20.31 crore in IDBI Bank loan fraud case
Updated : 3 years, 2 months ago IST
The Enforcement Directorate (ED) has provisionally attached immovable assets having market value of Rs 20.31 crore belonging to accused Mada Subrahmanyam, Mada Srinivasa Rao, Ganduri Mallikharjuna Rao, Eluri Prasada Rao, their family members and firms under the money laundering act in con
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Bank fraud case: ED raids directors of dairy product processing group
Updated : 3 years, 2 months ago IST
The Enforcement Directorate (ED) on Thursday conducted searches at eleven places linked to Pure Milk Products Pvt. Ltd (PMPPL) and its directors Charanjit Singh Bajaj, Livtar Bajaj and Gurdeep Kaur, in connection with a money laundering probe linked to an alleged bank loan fraud, the agency
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Process for recovering money for depositors post loan write-off "layered",
Updated : 3 years, 3 months ago IST
Union finance minister Nirmala Sitharaman on Monday said the processes for recovering money for depositors post bank loan write-offs are "layered", while noting that small depositors are put to "extreme difficulty" in the process of justice delivery.
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SC issues notice on Subramanian Swamy's plea for probe into role of RBI of
Updated : 3 years, 5 months ago IST
New Delhi [India], October 17 (ANI): The Supreme Court on Monday issued notice to the Reserve Bank of India (RBI) and CBI on a plea filed by senior BJP leader Subramanian Swamy seeking a CBI probe into the alleged role of RBI's nominee directors in bank loan fraud cases.
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CBI files chargesheet against former DHFL promoters in multi-crore loan sc
Updated : 3 years, 5 months ago IST
New Delhi [India], October 15 (ANI): The Central Bureau of Investigation (CBI) on Saturday, filed a chargesheet after a Special Court at Rouse Avenue Courts in New Delhi against Mumbai-based Dewan Housing Finance Corporation Ltd's (DHFL) former promoters Kapil Rajesh Wadhawan and Dheeraj Raj
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DHFL case: Special Court dismisses statutory bail plea of Wadhawan brother
Updated : 3 years, 5 months ago IST
New Delhi [India], October 3 (ANI): The Rouse Avenue Court has dismissed the statutory bail plea of former Dewan Housing Finance Corporation Limited (DHFL) promoters, Kapil Wadhawan and his brother Dheeraj, arrested by the Central Bureau of Investigation (CBI) in connection with the multi
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Poonawalla Fincorp's rating upgraded to AAA by Care Ratings
Updated : 3 years, 5 months ago IST
Pune (Maharashtra) [India], October 1 (ANI/BusinessWire India): Care Ratings Ltd (Care) has upgraded the long-term rating of Poonawalla Fincorp Limited (PFL) and its subsidiary, Poonawalla Housing Finance Limited (PHFL) to "CARE AAA (Triple A), Stable". This rating is applicable for bank loa
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Delhi Court remands ABG Shipyard's ex-promotor Rishi Agarwal to CBI for 4
Updated : 3 years, 6 months ago IST
New Delhi [India], September 23 (ANI): A Delhi Court on Thursday remanded Rishi Agarwal, the former promoter of ABG Shipyard Ltd, for four days in connection with India's biggest bank loan scam of over Rs 22,000 crores.
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Four Indian Bank officials sent to 3 years' rigorous imprisonment in Rs 30
Updated : 3 years, 6 months ago IST
Chennai (Tamil Nadu) [India], September 17 (ANI): A special CBI court in Chennai has sentenced four senior Indian Bank officials and two others to three years' rigorous imprisonment with a Rs 10,000 fine each in a Rs 30 crore loan scam.
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Delhi-based chartered accountant arrested in PNB loan fraud case
Updated : 3 years, 8 months ago IST
Bhubaneswar (Odisha) [India], July 26 (ANI): Bhubaneswar branch of the Economic Offences Wing has arrested a Delhi-based chartered accountant for his alleged involvement in a case related to the Punjab National Bank (PNB) loan fraud case.
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South Africa to spend USD 480 million World Bank loan on COVID-19 vaccines
Updated : 3 years, 9 months ago IST
Johannesburg [South Africa], June 16 (ANI/Xinhua): South African government will use 480 million US dollars of the World Bank loan to pay for COVID-19 vaccines purchased between December 2020 and June 2021 and other costs associated with the vaccines, a health official said on Thursday.
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ED attaches assets worth Rs 2.14 cr in Shakti Bhog money laundering case
Updated : 3 years, 9 months ago IST
New Delhi [India], June 10 (ANI): Enforcement Directorate (ED) has provisionally attached assets worth Rs 2.14 crore in its probe into money laundering charges against Delhi-based Shakti Bhog Foods company in connection with an alleged over Rs 3,269 crore bank loan fraud case.
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