The accused persons thus acted as loan aggregators and ultimately used the loan amounts for their gains, including investment in their busi...

Bankers and lawyers said that though the process to declare a fraudulent account may get elongated after the Supreme Court verdict, a detai...

Rejecting the stand of both RBI and the consortium of lenders led by SBI, a Bench led by the Chief Justice said that a decision classifying...

The Supreme Court on Monday said a borrower must be accorded a hearing before an account is classified as "fraud" and a reasoned order must...

The Hyderabad NCLT had approved a Rs 584 crore offer from Blackstone in February 2020, but the plan was not implemented due to land-related...

Lenders have set a reserve price of ₹400 crore, implying a recovery of 61% on principal dues. Banks led by the Bank of Baroda have invited ...

According to ED, the group had been struggling financially for a number of years. After winning the Ranchi-Jamshedpur Project tender, the M...

Satyanarayana and his family members are accused of "fraudulently availing KCC (Kisan Credit Card Scheme) fish tank loans in the names of 1...

Further, the bank delayed the reporting of frauds on many occasions, and also granted director-related loans in contravention of/ non-compl...

Official sources said the Enforcement Directorate (ED) has "enlarged" its investigation to probe these FIRs and complaints filed by the two...

The tap-and-get-a-loan “solution” is pushing a large number of people into a trap far deeper than the financial condition they are in.

CBI booked the accused for criminal conspiracy, cheating, forgery, criminal misconduct and misappropriation, criminal breach of trust by a ...

The demands include taking tough action against loan defaulters and stopping alleged harassment of bank staff following the recent PNB scam.

The non-performing assets (NPAs) of the public sector banks have increased to about Rs 8 lakh crore, of which 89 per cent pertains to corpo...

Crop insurance schemes for poor farmers are linked to loan repayments and premium payments. This is what makes it impractical during times ...

Last month, the RBI Governor had said that debt waiver schemes have constrained flow of credit to farmers.

Talking about subsidies for farm sector, Rajan said that it will be useful to see whether these subsidies have actually helped agriculture ...