Search For "loan default"
Rahul corners 'watchman' PM over RBI report on loan defaulters
Updated : 7 years, 4 months ago IST
New Delhi [India], Dec 31 (ANI): Three days after RBI stated that banks lost Rs 41,167 crore to fraud in 2017-18, Rahul Gandhi on Monday said that the "watchman" is looting India by helping his close friends, who default on hefty bank loans and flee the country.
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Vijay Mallya extradition: Verdict and aftermath
Updated : 7 years, 5 months ago IST
London [United Kingdom], Dec 10 (ANI): In a major victory for the government, a London court on Monday ordered the extradition of liquor baron Vijay Mallya, who is facing charges of loan default to the tune of Rs 9,000 crore.
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Actor Rajpal Yadav sentenced to three-month civil prison
Updated : 7 years, 5 months ago IST
New Delhi [India], Nov 30 (ANI): Actor Rajpal Yadav was sentenced to three-month civil prison in a loan default case. Yadav was immediately taken into custody by the Delhi Police after the Delhi High Court order was pronounced on Friday.
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Loan default: DPIL directors presented before CBI court
Updated : 8 years, 1 month ago IST
Ahmedabad (Gujarat) [India], Apr 18 (ANI): The directors of Vadodara-based Diamond Power Infrastructure Ltd (DPIL), Amit Bhatnagar and Sumit Bhatnagar, were presented before a special Central Bureau of Investigation (CBI) court on Wednesday, in connection with an alleged fraud of Rs 2654 cro
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Lenders need to be proactive in monitoring borrowers: RBI
Updated : 8 years, 1 month ago IST
Pune (Maharashtra) [India], Apr. 18 (ANI): Amid a recent surge in payment delays and loan defaulting, Reserve Bank of India (RBI) Deputy Governor N.S. Vishawanathan said lenders need to be proactive in monitoring their borrowers and identifying financial stress, using a combination of lea
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CBI arrests promoters, directors of Vadodara company in loan-default case
Updated : 8 years, 1 month ago IST
New Delhi [India], Apr. 18 (ANI): The Central Bureau of Investigation (CBI) on Wednesday arrested the promoters and directors of Diamond Power Infrastructure Ltd, a Vadodara-based firm accused of an alleged loan default.
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CBI files chargesheet against ex-Canara Bank CMD over loan default
Updated : 8 years, 2 months ago IST
New Delhi [India], Mar 19 (ANI): The Central Bureau of Investigation (CBI) on Monday filed chargesheet against RK Dubey, former Chairman and Managing Director of Canara Bank, in a case pertaining to a loan default.
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Rotomac owner sent to judicial custody till Mar 21
Updated : 8 years, 2 months ago IST
Lucknow (Uttar Pradesh) [India], Mar 7 (ANI): A Special Central Bureau of Investigation (CBI) Court on Wednesday sent Rotomac pens owner Vikram Kothari and his son Rahul Kothari to judicial custody till 21 March in connection with an alleged bank loan default case.
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6 chargesheets filed against Rotomac owner Vikram Kothari
Updated : 8 years, 2 months ago IST
New Delhi [India] February 26 (ANI): Six chargesheets have been filed against Rotomac Pens owner Vikram Kothari under various sections of the Income Tax (IT) Act, 1961.
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Bank of Maharashtra lodges FIR against four for loan default
Updated : 8 years, 3 months ago IST
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.
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PM Modi ensures strong action against financial irregularities
Updated : 8 years, 3 months ago IST
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.
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Rotomac bank fraud: Vikram Kothari, son sent to 1-day transit remand
Updated : 8 years, 3 months ago IST
New Delhi [India], Feb 23 (ANI): Rotomac Pens owner Vikram Kothari and his son Rahul Kothari have been sent to a one-day transit remand by Delhi's Patiala House Court in connection with a case of loan default of approximately Rs 3,700 crore taken from seven public sector banks.
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