The agency alleged that these assets were the "proceeds of crime" of the illegal act of money laundering.

Sources said some action should be taken against top officials of banks whose names have appeared in the investigative reports of probe age...

The committee of creditors has rejected the demand for an extension of 90 days to complete the insolvency resolution process.

Rotomac Exports and Rotomac Global will now be auctioned by the bankruptcy court.

Rotomac Exports and Rotomac Global, firms promoted by banking-fraud accused Vikram Kothari, will now be auctioned by the bankruptcy court.

Bank of India, Bank of Baroda, Oriental Bank of Commerce, Allahabad Bank, Union Bank of India, and Bank of Maharashtra have jointly lent cl...

The Kanpur-based group is being probed by the CBI and the ED in connection with the alleged swindling of Rs 3,695 crore of loan funds.

The tribunal held that the banks had concealed letters deliberately: first, to help the defendants and second, to hide its own conduct rega...

The CBI officials said that Vikram Kothari and his son, who were called for questioning, were arrested after they failed to cooperate with ...

While BoB declared the company an NPA in February 2016, the account was not an NPA with other lenders as the borrower was repaying only som...

The accounts were subsequently classified as NPA in the year 2015-16. The bank had made 100 per cent provisions on the amount outstanding, ...

The public sector bank remained silent for two years despite facing a Rs 6,172 crore forex scam in 2015 in which money was sent from India ...

Bank of Baroda also clarified that the account was declared NPA in October 2015 and 100% provision has been made towards the account.

Being hounded by sleuths for an alleged Rs 3,700-cr fraud, it appears unlikely that the words said about Kothari's "Fighter" brand will hol...

Rotomac promoter Vikram Kothari is being investigated by the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) for an ...

Vikram Kothari, his wife Sadhana Kothari and son Rahul Kothari — all directors — have been booked by the CBI on charges of cheating a conso...

Earlier, the loan default was estimated at over Rs 800 crore but scrutiny of documents by CBI revealed that the amount is much larger.