MUMBAI, June 13 (Reuters) - Two of India's largest bank employee unions on Tuesday urged the central bank to review and withdraw its recent decision to allow compromise settlements for wilful ...

The court held that failure to apply Clause 3(d) of the RBI Master Circular invalidated the wilful defaulter declaration. Non ...

MUMBAI (Reuters) - The Securities and Exchange Board of India (SEBI) on Monday recommended restrictions on accessing equity and debt markets for so-called "wilful defaulters", as it steps up efforts ...

MUMBAI, India – Kolkata-based United Bank of India (UBI) has slapped a wilful defaulter’s notice on Vijay Mallya, chairman of grounded Kingfisher Airlines, and other board members after the company de ...

In further clampdown on Vijay Mallya, state-run Punjab National Bank has declared him as well as his group firms UB Holdings (UBHL) and long-grounded Kingfisher Airlines as "wilful defaulter". While ...

In its recommendations, the bankers’ body called for stricter action against wilful defaulters, including travel restrictions, public disclosure of their identities, and disqualification from ...

India's market regulator said on Saturday (12 March) it would ban "wilful defaulters" from standing on boards of listed companies or raising fresh funds by issuing securities to the public, as part of ...

The data from the bank relates to those wilful defaulters who have taken loans of Rs 25 lakh and above but did not repay despite the ability to do so. The Punjab National Bank's (PNB) Brady House ...

Finance Minister AHM Mustafa Kamal disclosed in parliament a list of the country’s top 300 loan defaulters who have gobbled up Tk 50,942 crore. There are 1.7 lakh loan defaulters in the country in ...