Journalism of Courage
loan defaults
LOAN DEFAULTS NEWS
Jaiprakash Associates reports Rs 3,946 crore loan default to banks
May 10, 2023 8:45 am
ICICI Bank filed an insolvency petition against the company almost five years ago. SBI has also moved the NCLT against JAL, claiming a total default of Rs 6,893 crore as on September 15, 2022.
Digital lending: No clarity, awaiting RBI response, say bank & fintechs
December 05, 2022 5:55 pm
Illegal digital lending apps yet to be brought under control
Stimulus ‘inadequate’, 25% of MSME loans may default: Panel
July 28, 2021 7:30 am
Expressing concern over the grim situation of small enterprises, the committee recommended the government to unveil a “larger economic package aimed at bolstering demand, investment, exports and employment generation to help the economy, including MSMEs.”
CBI raids NDTV promoters: Channel says witch-hunt, govt denies charge and everything you need to know
June 06, 2017 2:20 pm
The CBI registered a case against the Roys, a private company and others for causing monetary loss to ICICI Bank by defaulting on loans. Searches were conducted at four locations including in Delhi and Dehradun. The company in question is RRPR Holdings pvt ltd founded by the Roys.
Not all loan defaults are wilful, nor all lending corrupt: Vinod Rai
April 21, 2016 1:32 am
Rai was speaking at the 12th Annual Convocation of the National Institute of Bank Management (NIBM) called for public sector banks to adopt innovative compensation schemes of its executives to compete with the foreign and private banks.
Raghuram Rajan: Political parties would have to work together to meet economic challenges
December 11, 2013 11:57 am
RBI Governor wants Parliament to pass key bills to boost economy.
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