Search For "consortium of banks"
CBI books DHFL promoters in Rs 34,615 crore banking fraud
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 22 (ANI): The Central Bureau of Investigation (CBI) on Wednesday registered fresh cases against Dewan Housing Finance Corporation Ltd (DHFL) erstwhile promoters Kapil Wadhawan and Dheeraj Wadhawan for defrauding a consortium of banks led by Union Bank of In
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Delhi HC rejects bail plea of Ambience Group promoter in money laundering
Updated : 4 years, 3 months ago IST
New Delhi [India], March 2 (ANI): The Delhi High Court on Wednesday rejected the bail plea of businessman Raj Singh Gehlot, Ambience Group Promoter, in a money laundering case related to an alleged bank loan fraud case. The case relates to certain loans granted by a consortium of banks for t
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ABG Shipyard fraud detected faster than usual, says Finance Minister
Updated : 4 years, 3 months ago IST
New Delhi [India], February 14 (ANI): Union Finance Minister Nirmal Sitharaman on Monday said the lending by a consortium of banks to ABG Shipyard had turned a non-performing asset (NPA) before Prime Minister Narendra Modi government came to power in 2014, adding that the banks have done a c
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SC seeks banks' response on Future Retail's plea to restrain lenders from
Updated : 4 years, 4 months ago IST
New Delhi [India], February 1 (ANI): The Supreme Court on Tuesday asked a consortium of banks to file an affidavit on a fresh petition of Future Retail Ltd. (FRL) seeking quashing of lenders' letters warning initiation of insolvency proceedings against it.
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ED arrests Servomax India MD in Rs 402 cr fraudulent case
Updated : 4 years, 4 months ago IST
New Delhi [India], January 18 (ANI): The Enforcement Directorate (ED) has arrested Avasarala Venkateswara Rao, Promoter and Managing Director of Hyderabad-based Servomax India Private Limited (SIPL) for his alleged involvement in offences of money laundering, the agency said on Tuesday.
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Will get our due share from sale of Vijay Mallya's assets: PNB chief
Updated : 4 years, 12 months ago IST
New Delhi [India], June 5 (ANI): Punjab National Bank (PNB) will get its due share after fugitive businessman Vijay Mallya's assets are sold to recover Rs 5,646 crore of the loan amount due to a consortium of banks, its Managing Director SS Mallikarjuna Rao said on Saturday.
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Mallya receives fresh blow as judge denies appeal to dismiss bankruptcy pr
Updated : 5 years, 4 months ago IST
London [UK], January 13 (ANI): The UK High Court today refused an appeal by the fugitive businessman Vijay Mallya to dismiss the bankruptcy petition brought by a consortium of banks which are attempting to recover the debts owed by Mallya's now-defunct Kingfisher Airlines in lieu of the loan
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CBI registers case against Shakti Bhog in Rs 3,269 cr bank fraud case
Updated : 5 years, 5 months ago IST
New Delhi [India], January 2 (ANI): The Central Bureau of Investigation (CBI) has registered a case against Delhi-based Shakti Bhog Foods Limited for an alleged fraud of over Rs 3,269 crore on a consortium of banks led by the State Bank of India, an official said on Saturday.
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CBI registers case against private company, others on complaint by PNB for
Updated : 5 years, 9 months ago IST
New Delhi [India], Aug 28 (ANI): Central Bureau of Investigation (CBI) has registered a case against a private company and others on a complaint by Punjab National Bank for allegedly defrauding a consortium of banks to the tune of about Rs 221 crores.
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Case registered against Radical Foods Ltd following complaints of cheating
Updated : 6 years, 4 months ago IST
New Delhi [India], Jan 23 (ANI): A case was registered against Radical Foods Ltd and its director Siddharth Choudhary, Anju Choudhary and unknown public servants under relevant sections of Prevention of Corruption Act, following complaints of cheating from the SBI and the consortium of banks
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CBI registers case in Ranchi-Jamshedpur (NH-33) project fraud
Updated : 7 years, 2 months ago IST
Ranchi (Jharkhand) [India], Mar 12 (ANI): The Central Bureau of Investigation on Tuesday registered a case against Ranchi Expressway Limited, Madhucon Group of Companies and officials of Consortium of Banks led by Canara Bank for alleged irregularities in the Ranchi-Jamshedpur (NH-33) projec
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ED files reply to SBI plea for speedy liquidation of Mallya’s seized prope
Updated : 7 years, 3 months ago IST
Mumbai (Maharashtra) [India], Feb 5 (ANI): The Enforcement Directorate (ED) on Tuesday filed a reply in connection with the plea of a consortium of banks led by State Bank of India (SBI) in the special court of Prevention of Money Laundering Act (PMLA), seeking immediate and speedy liquidati
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