Tag: loan
CBI Files Chargesheet In PNB Loan Fraud Case
The CBI on Monday filed a chargesheet against some former and current bank officials and several others in the over Rs 13,000 crore Punjab National Bank (PNB) fraud case allegedly perpetrated by diamantaire Nirav Modi and his uncle Mehul Choksi.....
Mallya Offers To Sell Assets To Repay Bank Loans
Fugitive tycoon Vijay Mallya has petitioned the Karnataka High Court to permit him and his holding firm UBHL to sell their assets under its supervision to repay creditors, including state-run banks, while saying a civil law matter of loan recovery had been made a criminal matter in his case.....
Karnataka Waives Farms Loans, Raises Levies On Petrol-diesel, Power
Presenting its maiden budget, the JD(S)-Congress coalition government in Karnataka on Thursday waived farm loans totalling Rs 34,000 crore, giving relief to distressed farmers across the state, while proposing higher levies on petrol, diesel and liquor and power to mop up more revenue.....
RBI Cuts Lending Rate To 6.25%, Shifts Stance To 'neutral'
In the final monetary policy review of the current fiscal, the Reserve Bank of India (RBI) on Thursday lowered its key lending rate for commercial banks to 6.25 per cent.....
ED Questions Kochhars, Dhoot
The Enforcement Directorate (ED) on Saturday questioned former ICICI bank CEO Chanda Kochhar, her husband Deepak Kochhar and Videocon Group promoter Venugopal Dhoot in connection with an ongoing probe into alleged irregularities and corrupt practices in sanctioning a Rs 1,875 crore loan by the bank to the corporate group, the agency said.....
Diamantaire Nirav Modi Arrested In London
Fourteen months after he fled India, fugitive diamantaire Nirav Modi was on Wednesday arrested in London on charges of defrauding on a huge loan taken from the Punjab National Bank (PNB), official sources said.....
ICICI-Videocon Case: 20 Questions That May Trouble Chanda Kochhar, Her Husband
Former ICICI Bank CEO and Managing Director Chanda Kochhar and her husband Deepak Kochhar have failed to provide satisfactory answers to about 20 out of over 100 key questions posed to them by Enforcement Directorate sleuths during over 60 hours of questioning in five days starting May 13, according to sources in the investigating agency.....
Chidambaram On MSME Loan: Who Is The Lender?
The Congress on Friday took a sarcastic dig at union ministers after different statements were issued on the MSME sector by Finanace Minister Nirmala Sitharman and her Road Transport colleague Nitin Gadkari. ....
PM Modi Interacts With SVANidhi Beneficiaries From UP
Brimming with confidence, Preeti from Agra greeted Prime Minister Narendra Modi for ensuring a loan for her under the SVANidhi loan scheme, which enabled her to tide over the adverse times of corona and lockdown. ....
Rahul Gandhi Slams BJP Govt On Banks' Loans Write-offs
Congress leader Rahul Gandhi on Tuesday slammed the Bharatiya Janata Party-led NDA government on the much-debated issue of banks' loans write-offs perpetrated in the past few years. ....
