loan default

Give fair chance to Vijay Mallya, stop media trial: Kiran Mazumdar-Shaw

Noted entrepreneur Kiran Mazumdar-Shaw says beleaguered businessman Vijay Mallya should be given a fair opportunity to settle the loan-default issues with banks, and maintained media trial against him would not help matters

Mar 20, 2016, 08:51 AM IST

Vijay Mallya IDBI loan default case: Banks provide ED with probe reports

Officials said Tuesday the reports have been sent by at least six banks after agency investigators had sought their cooperation in sharing the details of loans extended by them to Mallya for business activities.

Mar 15, 2016, 23:00 PM IST

Vijay Mallya still has pledge-free assets worth more than Rs 5,500 crore

Liquor baron Vijay Mallya’s loan-default case, there is a good news for lenders that the beleaguered businessman still has pledge-free assets worth more than Rs 5,500 crore to back up guarantees provided by him and his UB Holdings

Mar 12, 2016, 04:47 AM IST

Big Debate : Who helped Mallya to escape? | Part 1

Watch all parts of Big Debate and get to know who helped Vijay Mallya to escape from this country?
To know more watch this full video here.

Mar 12, 2016, 02:13 AM IST

Not absconder but international businessman, will comply with law of land, clarifies Vijay Mallya

Tweeting on Friday morning, Vijay Mallya cleared his position that he is not an absconder but an international businessman who will comply with the law of land. 

Mar 11, 2016, 06:39 AM IST

'RBI does't act, need to criminalise wilful default'

Noting there have been workman directors in the banks since 1971, he said that in the last more than four decades of experience, there is not a single case where these directors are found to be involved in any wrong doings.

 

Feb 13, 2016, 00:34 AM IST

CBI questions Vijay Mallya in alleged loan default case

The sources said Mallya was called to agency Headquarters in connection with the case where the team of Banking Securities Fraud Cell carried out his detailed questioning.

Dec 10, 2015, 23:24 PM IST

Don't outsource loan processing tasks: RBI to bankers

Concerned over the rising number of loan default cases, the Reserve Bank on Monday warned lenders against outsourcing their credit processing activities to third-party entities.

Mar 23, 2015, 15:49 PM IST

Sugar mill defaults on bank loans, others may follow

One of the country`s largest sugar mills, Mawana Sugars Ltd , has defaulted on 2.5 billion rupees ($40 million) of outstanding loans from a consortium of lenders, according to an official from the company.

Oct 09, 2014, 17:06 PM IST

Winsome Group's loan default smacks of criminal conspiracy?

The documents raises suspicion that a part of the loan was diverted abroad to businesses outside India.

Aug 20, 2014, 10:53 AM IST