CDR News

Thane police: CDR scam mastermind arrested from Delhi

“We had positioned a team in Delhi, who were keeping an eye out for him. He was nabbed from his house where he was hiding. We are going to take him back to Delhi on Tuesday to search his house,” senior investigating officer Thakre said.

Call details records leak case: Nawazuddin’s brother statement recorded

The arrest of the lawyer had come in the wake of arrests of 11 others, including several private detectives who allegedly procured CDRs illegally in exchange for money.


Captured Pakistan boat was to meet another in high seas, say police

Police probing the possibility that the second boat was to come from India .

Heroin boat had no fixed route chart, say police

8 arrested on vessel off Gujarat coast remanded in Mumbai Police custody.

Banks clear Pipavav debt recast just days before closure of CDR window

With banks approving the proposal, the company will get moratorium on repayment, interest rate reduction and fresh working capital.

Debt recast scheme failing, NPAs may cross R30K crore

Troubled cases rise to 121 in four years, bankers fear more to come..


Bad loans will worsen if economy falters: RBI

Gross NPAs of banks as a percentage of the total gross advances increased to 4.5 per cent in September 2014 from 4.1 per cent in March 2014.

Despite RBI norm, forensic audits of only 12 banks filed

This audit is meant to separate those which get into trouble because of business reasons and those where promoters attempt to siphon off money.

Under greater scrutiny, banks’ stressed asset sales to ARCs rise sharply

The full year of 2014-15 may witness asset sales of Rs 50,000 crore, say investment banks like Credit Suisse.

Paying for past sins: Banks in for long period of pain

Despite tighter norms,banks appear reconciled to recast,a fallout of reckless lending in the boom years. What’s worrying is the significantly larger amounts involved.