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.
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Tue, Jun 20, 2023
The Reserve Bank of India (RBI) has introduced a comprehensive regulatory framework for compromise settlements and technical write-offs, which aims to enhance the resolution of stressed assets and streamline instructions for regulated entities.
Wed, Aug 31, 2022
According to the new rules notified by the department of economic affairs (DEA), foreign investors will have to obtain a no objection certificate (NOC) from lenders, probe agencies, or regulators before making an investment overseas.
Tue, Oct 01, 2019
PMC Bank's Rs 4,355 crore scam! Bankers opened 21,049 dummy accounts to save loan defaulters. Who is responsible for Rs 4,355 crore scam?
Fri, Dec 22, 2017
There is an urgent need for banks to reduce stressed assets and clean up the balance sheets which would increase their ability to raise capital and improve credibility, the Committee on Petitions said in its report tabled in Parliament today.
Thu, Nov 23, 2017
Under the revised rules, borrowers whose loan accounts are classed as non-performing for a year or more will not be eligible to bid for the assets in bankruptcy proceedings
Wed, Jun 14, 2017
The internal advisory committee of Reserve Bank of India has identified 12 major defaulters for insolvency that covered about 25% of the banking system’s non-performing assets (NPA). It will identify 38 more such accounts. About Zee Business --------------------------
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.
Sun, Jul 03, 2016
Watch this special segment and get to know more here.
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