Millionaire defaulter Vijay Mallya has claimed the privilege of Non Residency to avoid disclosing his overseas asset. Mallya,
Mallya claims Non Residency status to shield his overseas assets
Category: Banking
Hiding defaulter Mallya offers to pay Rs 4000 crores
Absconding wilful defaulter Vijay Mallya has offered his creditors to pay Rs 4000 crores. His offer came just
DRT initiates to bring Mallya in wilful defaulter cage
The Debt Recovery Tribunal has freezed Rs 500 crore payment from British company Diageo plc to Mallya. Mr
System in India is not capable of addressing the NPA problem: Parliamentary panel
Parliamentary panel headed by Veerappa Moily has raised doubts about the ability of the existing system to handle
SC on direct action; asks RBI to submit the list of big defaulters
The government and RBI are facing criticism from the Supreme Court regarding the way in which bad loans
Budget to bring surgical measures for NPA ridden PSBs
With banks’ bad debts becoming the biggest macroeconomic risk facing the country, RBI and Government are making coordinated
Government brings more clarity in the functionalities of MUDRA Bank
Nearly one year after the establishment of the MUDRA Bank- the lender to small and medium enterprises; Finance
RBI’s Mohanty Committee recommends broadening of financial inclusion agenda
The RBI appointed Deepak Mohanty Committee (Committee on Medium-term Path on Financial Inclusion) to work out a medium-term
RBI announces SBI and ICICI as systemically important
The RBI has announced two leading banks – the SBI and ICICI as domestic systemically important banks. Implication
Government to inject Rs 70000 crores to capitalize the PSBs
Government has unveiled its timetable to capitalize Public Sector Banks to meet the Basel III standards. In the