हिन्दी मराठी বাংলা தமிழ் മലയാളം ગુજરાતી తెలుగు ಕನ್ನಡ ਪੰਜਾਬੀ

Wilful Defaulter

Mallya in further trouble, SBI sends wilful defaulter notice

SBI, which is the lead bank of a lender consortium to the crippled carrier, has an exposure of over Rs 1,600 crore.

Sep 09, 2014, 22:14 PM IST

Guarantor to be tagged wilful defaulter if obligations not met

Once branded a wilful defaulter, a person or entity cannot access institutional credit.

Sep 09, 2014, 21:32 PM IST

Wilful defaulter tag a 'powerful weapon' for creditors: Rajan

Reserve Bank Governor Raghuram Rajan has said the wilful defaulter tag is a powerful weapon in the hands of banks for resolving bad loans.

Sep 05, 2014, 20:53 PM IST

Will pursue legal remedies against 'wilful defaulter' tag: Vijay Mallya

UB group Chairman and debt-ridden Kingfisher Airlines promoter Vijay Mallya, declared a wilful defaulter by the United Bank of India, Thursday said he disagreed with its action and would pursue all legal remedies available.

Sep 04, 2014, 14:13 PM IST

Banks pile pressure on liquor baron Mallya over airline loans

Lenders are increasing pressure on liquor baron Vijay Mallya to facilitate repayment of the debts of his Kingfisher Airlines , which has not flown since 2012 and owes more than $1 billion to a consortium of mostly state-run banks.

Sep 03, 2014, 10:44 AM IST

United Bank declares Kingfisher, Vijay Mallya wilful defaulters

State owned United Bank of India on Monday became the first lender to declare debt ridden Kingfisher Airlines, its promoter Vijay Mallya and other directors wilful defaulters as the company allegedly indulged in diversion of funds by opening multiple accounts.

Sep 01, 2014, 13:13 PM IST