Wilful Defaulters

Wilful defaulters in India have decreased 56% in last 8 years: BJP

"Banks recovered over Rs 1,86,000 lakh crore from written-off loan accounts of wilful defaulters from 2014 to 2021," BJP's Amit Malviya added.

Wilful defaults Rs 62,000 crore higher than before Covid pandemic

Public sector banks accounted for 77.4 per cent of the total amount outstanding at Rs 5.3 trillion as of June

Number of wilful defaulters rises to 2,494: FM informs Parliament

Banks are required to take steps to initiate the legal process, wherever warranted, against the borrowers or guarantors for recovery dues, she said.

Govt to announce forensic auditing norms, bring clarity in fraud detection

Standards used now are not clear, resulting in hundreds of cases across India courts filed by borrowers, companies and individuals

Over 1,700 big wilful defaulters together owe Rs 37,020 crore to PNB

Leading the chart is Mehul Choksi-promoted Gitanjali Gems Ltd with an outstanding loan of Rs 5,064.84 crore

Punjab National Bank's UK unit wins court battle over unpaid loans

The case by the UK subsidiary of PNB is seen as a landmark decision for similar cases involving wilful defaulters who are residing in or have assets in the UK

Wilful defaulters benefited from 'phone banking' under UPA regime: FM

Congress has attempted to mislead people, and Rahul Gandhi should introspect why his party fails to play a constructive role in cleaning up the system, says Nirmala Sitharaman

Speaker did not allow supplementary questioning, Right taken away: Rahul

Gandhi was asking the government to name wilful bank loan defaulters, but was not allowed another supplementary question amid uproar in the lower house.

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Major wilful defaulters revealed: RBI finally discloses details under RTI

For over ten years, the RBI has denied RTI applicants this information arguing that it would be against the economic interests of the country

IDBI Bank declares Vijay Mallya 'wilful defaulter' over payment default

IDBI Bank has informed and cautioned the public through the notice that "no person shall deal with any of the properties of the borrower/guarantor as huge dues are to be recovered from them".

19 lenders file 529 wilful default cases worth Rs 18,500 cr in June quarter

Amount outstanding is up by over a tenth in a quarter

RBI duty bound to disclose wilful defaulters' information, rules SC

SC takes serious view of non disclosure by RBI, says further violation to invite contempt

Here are some steps that could be initiated against wilful defaulters

Defaulters cannot get additional finance from banks

Dues owed by wilful defaulters to PSBs double to Rs 1.5 trn in under 3 yrs

A fourth of the total amount was owed by these defaulters to SBI on September 30, 2018

PSBs filed over 2,500 FIRs against wilful defaulters till Sept-end: Jaitley

Jaitley said the list of suit-filed defaulters of Rs 10 million and above and the list of suit-filed defaulters of Rs 2.5 million and above are available in public domain

Bombay HC seeks govt view on RBI plea against CIC's wilful defaulters order

Central bank contends it did not disclose names of wilful defaulters under home ministry's advice

Bombay HC seeks govt view on RBI plea against CIC's wilful defaulter order

The RBI in its petition said the Union Home Ministry gives information on wilful defaulters to it in a confidential manner and has also asked the RBI to not disclose the same

CEOs of public banks empowered to stop wilful defaulters from fleeing India

Earlier, the Finance Ministry had asked PSBs to collect passport details of all those borrowers who have borrowed loans of more than Rs 500 mn

CIC again asks PMO, RBI to disclose wilful defaulters' list, Rajan's letter

The commission had earlier issued a show cause notice to RBI Governor Urijit Patel for 'dishonouring' a Supreme Court judgment and CIC directive on disclosure of the list of wilful defaulters