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SURYA VINAYAK INDUSTRIES
PNB's big wilful defaulters' dues fall to Rs 15,354 cr in JuneFor financial year ended March 2018, the bank's balance sheet had closed with big wilful defaults owing Rs 15,171.91 crore.
08 Jul, 2018, 01.13 PM IST
Wilful defaults by PNB's big borrowers jump to Rs 15,200 cr by April-endThe bank which posted a record loss of more than Rs 13,400 crore for the last quarter of 2017-18 closed the fiscal with big wilful defaults...
20 May, 2018, 05.01 PM IST
From remittance to e-commerce: How e-wallets changed the way Indians transactOn February 28, that Rs 12,000-crore digital wallets industry got stranded unable to meet a Reserve Bank of India deadline for collecting i...
02 Mar, 2018, 07.55 AM IST
Blackmoney: Court grants bail to two businessmenThe court noted that both the accused were already granted bail in a case filed by the CBI in the matter, based on which the ED has registe...
04 Dec, 2017, 07.11 PM IST
Black money: ED opposes bail plea of two in Rs 2,240 crore caseIn their bail application, the accused persons have claimed that they were not required for the purpose of investigation any further and sh...
28 Nov, 2017, 09.06 PM IST
Blackmoney: 2 bizmen sent to 10-day ED custodyThe accused were arrested by the probe agency on August 22 and sent to three-day ED custodial by the court. Later, they were sent to judici...
28 Aug, 2017, 06.22 PM IST
CBI arrests four for cheating banks to the tune of Rs 2,240 croreFour directors of Surya Vinayak Industries company have been arrested on the complaint of Punjab National Bank, CBI said.
12 Apr, 2017, 01.25 PM IST
Bank fraud case: Enforcement Directorate attaches assets with Rs 53crore of Delhi firmInitiating action in yet another case of a high-value bank fraud, ED has attached assets worth Rs 53 cr of a Delhi-based perfume and mining...
07 Apr, 2016, 11.53 AM IST
Deloitte, KPMG, EY helping RBI in investigation of NPA casesRBI Governor Raghuram Rajan has taken a strong stance on bad debt. The total NPAs of some public sector banks are as high as 8-10%.
27 Aug, 2015, 04.18 AM IST
Bad loans jumped 90 per cent in the Q4 as borrowers default on restructured debtRestructured loans worth Rs 56,995 crore were classified as having failed at the end of the March quarter, almost twice the Rs 29,980 crore...
21 May, 2015, 05.58 AM IST
- Corporate Debt Restructuring may force banks to raise equity
Demand for loan recasts at banks was at the highest ever in the June quarter raising fears that banks may be short of Rs 6,500 crore of cap...
09 Aug, 2012, 04.30 AM IST