The RBI says that enough freedom has been given to banks to determine restructuring norms, particularly for sectors like aviation, automobiles, road and wholesale trading,...
The biggest cost that a borrower of a restructured loan will pay, is that in case the restructuring is not in tandem/compatibility with the projected...
Mallya, the defunct Kingfisher promoter, has been wanted in India over his alleged fraud and money laundering charges amounting to 9,000 crores. Mumbai| Liquor tycoon Vijay...
New Delhi, Sep 1 (PTI) Prime Minister Narendra Modi on Saturday blamed ‘phone-a-loan’ scam of the previous UPA government for the bad loans in the banking...
The Economic Offences Wing (EOW) arrested Ravindra P. Marathe, the Chairman and Managing Director of Bank of Maharashtra, in a case of Rs.3,000 crore fraudulent loans...