Dues of PNB's big defaulters fall to Rs 15,354 crore in June
Business | July 08, 2018 15:39 ISTPNB suffered a standalone net loss of Rs 12,282.82 crore in 2017-18, as against a profit of Rs 1,324.80 crore in 2016-17.
PNB suffered a standalone net loss of Rs 12,282.82 crore in 2017-18, as against a profit of Rs 1,324.80 crore in 2016-17.
"Some changes have been proposed to the Insolvency and Bankruptcy Code and since these are being done by ordinance, we cannot give the details of the proposals that the cabinet has recommended to the President," Jaitley said.
Jaitleysaid that recovery of money from these "big people" has become a "big challenge"
India takes the issue of defaulters very seriously, Finance Minister Arun Jaitley has said, indicating that he may raise the matter of liquor baron Vijay Mallya with his British counterpart.
The Supreme Court said on Monday that the list of loan defaulters submitted by the Reserve Bank of India (RBI) showed that the 57 debtors had defaulted on repaying around Rs 85,000 crore.
Only 57 borrowers have defaulted on bank loans worth a whopping Rs 85,000 crore, the Supreme Court has been informed by Reserve Bank of India.
London: Terming India as a great defaulter, Britain’s new foreign secretary Boris Johnson informed the House of Commons that India is on the long list of foreign countries who refuse to pay London’s congestion charge.
Osaka: As ten state-run banks have been swept by a wave of loss in the March quarter, Finance Minister Arun Jaitley vowed to provide greater capital support to lenders while warning that defaulters will not
New Delhi: The top 50 defaulters of public sector banks (PSBs) had exposure in excess of Rs 1.21 lakh crore as on December 2015, parliament was told today. "The total exposure of top 50
If you want to apply for a job at State Bank of India (SBI), any default on loans or credit card payment will render you ineligible.
New Delhi: The Arvind Kejriwal government has decided to reward Aam Aadmi supporters in Delhi who backed the party's call not to pay electricity bills to protest high power tariff. The announcement was made today
New Delhi: Delhi Chief Minister Arvind Kejriwal's Friday announcement that people who had defaulted on power bills during his "civil disobedience" movement last year would be exempted from payment, has been described as illegal by
New Delhi: Securities market regulator SEBI has told a Parliamentary panel that prosecution proceedings initiated by it against defaulters have not proved to be an effective deterrent due to “delays” associated with the criminal justice
New Delhi: Public sector banks should deal strictly with wilful defaulters to check non-performing assets (NPAs) while being sympathetic towards borrowers facing difficulties, Finance Minister P Chidambaram said today.“Genuine defaulters and wilful defaulters need to
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