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Finance Minister Arun Jaitley (Photo: AP)

Jaitley dismisses rumours of banks writing off debts of capitalists

Jaitley said that over the last few days, a rumour is being propagated regarding waiver of loans of capitalists by...

28 Nov 2017 5:28 PM IST

The court was hearing an appeal against non-registration of a divorce application on grounds that one of the parties was away in the US and did not present herself in court to file her consent.

Govt notifies rules to operationalise fugitive economic offenders law

The Fugitive Economic Offenders Ordinance, 2018, is aimed at deterring economic offenders from evading the process of...

29 April 2018 1:32 PM IST

President Ram Nath Kovind on Thursday said it was regrettable that women have not been given their due in the business arena.

President Kovind promulgates fugitive economic offenders ordinance

The ordinance will allow the govt to confiscate properties and assets of loan defaulters who flee the country.

22 April 2018 11:30 AM IST

Experts estimate that promoters loan against shares could be at least Rs 1.2 lakh crore.

CBI cracks down on loan defaulters

Agency raids 48 locations in 12 states against promoters, directors accused in bank frauds.

3 July 2019 2:22 AM IST

Congress president Rahul Gandhi maintained that there was massive corruption in contract and wondered why CAG report cited by SC on it had not been shared with PAC of Parliament. (Photo: ANI)

Watchman' PM looting India: Rahul's jibe at Modi over RBI report on...

Rahul Gandhi said the 'watchman' is looting India by helping his close friends, who default on hefty bank loans and flee...

31 Dec 2018 4:31 PM IST

Tata Steel is countrys major steel producer.

NCLAT asks Tata Steel if it will pay dues of Bhushan Steel

Bhushan Steel owed its lenders about Rs 56,000 crore and was among the 12 big loan defaulters identified by the Reserve...

30 May 2018 1:58 PM IST

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

NCLAT to hear ArcelorMittal, NuMetal pleas tomorrow

NCLAT had ordered status quo on insolvency of Essar Steel for two months.

29 May 2018 2:10 PM IST

CBI has received two complaints from PNB against billionaire jewellery designer Nirav Modi and a jewellery company about fraudulent transactions. (Photo: Facebook)

After PNB fraud, India takes steps to prevent defaulters from flying...

Under the new rules, banks will have to file for insolvency proceedings against loan defaulters with Rs 2,000 crore or...

21 March 2018 5:44 PM IST

Urjit Patel, governor, RBI

Urjit Patel completes two years as RBI Governor

Patel has been steadfast in maintaining the central bank's independence and in handling the bad loan cases.

3 Sept 2018 9:05 PM IST

Defence Minister Arun Jaitley said the country faced two serious threats one in Jammu & Kashmir and second being problem of Left-Wing Extremism in central India. (Photo: PTI)

Pay up or allow others to take control of business: Jaitley's to loan...

Jaitley said the government was open to providing more capital to banks but cleaning up stressed loans was bigger...

31 Aug 2017 12:53 PM IST

SBI is Indias largest public sector lender. (Photo: PTI)

Defaulters owe 27 per cent of Rs 92,376 crore outstanding loans to SBI

Punjab National Bank is next on the list with 1,120 wilful defaulters who owe bad loans worth Rs 12,278 crore.

20 Aug 2017 1:19 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI refuses to disclose list of loan defaulters

Apex court had stated that the RBI is supposed to uphold public interest and not the interest of individual banks.

23 May 2017 2:39 PM IST