Friday, September 17, 2021

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loan defaults

PMC Bank gave 96.5 crores personal loan to builder after his company had defaulted on 2500 crores loan: Report

PMC Bank had total lendings at around 8300 crores and exposure to HDIL alone is reportedly at 31%.

Nirmala Sitharaman announces PSU bank reforms, mergers brings down their number to 12 from 27 in 2017

Union Finance Minister Nirmala Sitharaman briefed the media on Friday, announced the merger of many PSU banks.

Anti-Corruption Bureau unearth ₹177 crore loan fraud by J&K Bank officials and NCP leader’s son

NCP leader's son took loan from J&K using fraudulent means, settled it for much less amount by willfully defaulting

Special Indian team to assist UK authorities in London in contesting Vijay Mallya’s next appeal against extradition

With this, India intends to narrow down all possible avenues of relief for the 63-year-old former Kingfisher Airlines boss.

UK court denies Vijay Mallya permission to appeal against his extradition to India

The Indian authorities are trying hard to get Vijay Mallya extradited to India in his loan defaulting case

Fugitive Vijay Mallya files for permission to appeal against his extradition orders in the UK

Mallya who is active on social media did not make any renewed comment on his appeal.

Days after Congress govt in MP ‘waives off’ loans, farmer commits suicide because he wasn’t eligible

The family of the deceased farmer allege that he ended his life as he was not entitled to the farm loan waive-off promised by the newly elected Chief Minister Kamal Nath.

Loan defaulter Vijay Mallya congratulates Congress on assembly elections victory

Interestingly, Congress President Rahul Gandhi had initially liked the congratulatory tweet of fugitive Vijay Mallya but later unliked it after it went viral.

Modi’s IBC is making defaulters pay back Rs 1.1 lakh crore and Congress is bound to be unhappy

In recent weeks, we have seen one naamdar and his numerous minions in the ecosystem making all sorts of allegations

Vijay Mallya makes his letter written to PM Modi public, saying he has become ‘poster boy’ of loan default

The 62-year-old is wanted in India for defaulting on loans worth almost 9000 crores and also in a money-laundering case

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