New Delhi [India], Feb 24 (ANI): Adding to the bandwagon of loan defaulters, the Bank of Maharashtra has filed an FIR with the Central Board of Investigation (CBI) against Delhi-based businessman Amit Singla and others over alleged loan default.
New Delhi [India], Feb. 23 (ANI): Amid the controversy surrounding loan defaulters Nirav Modi and Rotomac owner Vikram Kothari, Prime Minister Narendra Modi on Friday asserted that the government is taking strong action against financial irregularities.
New Delhi [India] February 20 (ANI): A petition has been filed in the Supreme Court demanding life time imprisonment for those who will be convicted in the Punjab National Bank (PNB) fraud case.
Lucknow (Uttar Pradesh) [India], Jan 18 (ANI): The Lucknow administration on Thursday sent notices to 1,500 defaulters for using loudspeakers without permission at religious and public places.
Mumbai [India], Jan 9 (ANI): The Brihanmumbai Municipal Corporation (BMC) on Tuesday issued warning to all hoteliers to carry out self audit of fire safety measures in their restaurants, failing which the defaulters would have to face dire consequences.
New Delhi [India], Nov 28 (ANI): Union Finance Minister Arun Jaitley on Tuesday refuted to rumors against the government waiving off any loans of big NPA defaulters.
Mumbai [India], June 19 (ANI): The next course of action to be taken against six of the 12 bad loan defaulters will be in all probability be decided by leading bankers at a meeting here today.
Chhatarpur (Madhya Pradesh) [India] June 16 (ANI): Madhya Pradesh's Chhatarpur District Collector has issued an order to cancel the arms licenses of those farmers who don't repay their loans by June 20.
New Delhi [India], June 14 (ANI): Business tycoon Vijay Mallya on Wednesday said that the "intense hate campaign by the Indian media against him knows no bounds," a day after he categorically denied all allegations of being a defaulter of banks in India and the Westminster Magistra
New Delhi [India], June 13 (ANI): Retorting to the claims of absconding loan defaulter Vijay Mallya, Janata Dal (United) on Tuesday said that the embattled liquor baron will not return to India until he wishes to.
London [United Kingdom], June 13 (ANI): Business tycoon Vijay Mallya on Tuesday categorically denied all allegations of being a defaulter of banks back in India, and said he had evidence to prove it in any court.
New Delhi [India], May 5 (ANI): The Narendra Modi-led government on Friday notified the ordinance to amend the Banking Regulation Act, empowering the Reserve Bank of India (RBI) and banks to initiate bankruptcy proceedings against chronic defaulters.