Tue, Jul 30, 2024
Reserve Bank issued a master circular on willful default.. Know the full news in detail
More >
Sun, Sep 24, 2023
The Reserve Bank of India (RBI) is making significant changes to rules governing willful defaulters and large defaulters. This video explains the proposed revisions and their implications, addressing issues such as the identification process, treatment of default loans, and credit information dissemination.
Fri, Mar 10, 2023
As per SEBI, a person will be considered as an informant eligible for reward only if he or she furnishes original information in relation to the asset of a defaulter concerning the dues which are certified as 'Difficult to Recover'.
Thu, Dec 28, 2017
SEBI chief Ajay Tyagi approved the Universal Exchange Convergence effective from October 2018.
Wed, Aug 30, 2017
RBI is initiating insolvency proceedings for defaulters who account about 60% banks stressed assets. After identifying 12 accounts, RBI has guided banks over second list of defaulters for insolvency.
Sat, Nov 05, 2016
Making a strong case for expeditious adjudication of debt recovery cases, Finance Minister Arun Jaitley today said the doctrine of natural justice of giving opportunity to defaulters to defend themselves need not be carried to an "unnatural extent".
Tue, Aug 09, 2016
The Rajya Sabha on Tuesday passed a bill that seeks to amend four laws that, among other matters, seek to empower banks to take possession of collateral in the case of loan default, except for farm land.
Tue, Jun 14, 2016
Markets regulator Sebi has initiated recovery proceedings against defaulters to collect more than Rs 55,000 crore, largely on account of its clampdown on illicit money-pooling schemes.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
