loan defaulters

LOAN DEFAULTERS NEWS

Banks may have to settle with some of the 16,044 wilful default accounts with Rs 346,479 crore debt till end-2022

June 18, 2023 8:37 am

The amount stuck in the wilful default category has jumped by 41 per cent, or over Rs one lakh crore in the last two years from Rs 245,767 crore in December 2020, according to data compiled by Transunion Cibil, a credit information company registered with the RBI.

Wilful defaulters, fraudsters can go for compromise settlement: RBI

June 12, 2023 5:43 am

Fresh loans under compromise settlement only after 12 months

No bank defaulter will be spared, govt has tightened the screws: PM Modi

March 27, 2016 2:25 pm

Modi said various fiscal policies initiated by his government had done away with middlemen, ensured development and enhanced the country's image internationally.

To recover bad loans,banks will now shame the guarantors too

July 10, 2013 4:47 am

PSU banks to publish photos of guarantors with defaulters in newspapers.

Banks to 'name and shame' guarantors for loan defaulters

July 09, 2013 1:34 pm

Tightening their noose on loan defaulters,banks have decided to 'name and shame' the guarantors.

Beware loan defaulters! Banks to publish photos in newspapers

March 10, 2013 3:24 pm

Banks would publish photographs,names and addresses of guarantors too.

Defaulters' joy? 'No law on NPAs'

August 06, 2010 4:48 pm

Noting that public disclosure of names of bank loan defaulters could harm investors' interests...

Loan defaulters to face action even after dues settlement: SC

May 18, 2009 7:04 pm

The Supreme Court has ruled that loan defaulters cannot escape prosecution even if they strike a deal with the banks to clear dues in one-go.

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