The Supreme Court has denied Dheeraj Wadhawan's request for more time to surrender. He is accused in a major bank loan fraud case. The cour...

The Delhi High Court has denied bail to Kapil Wadhawan, former chairman of DHFL, in connection with a Rs 34,615-crore bank loan fraud case....

A non-bailable warrant has been issued against Mehul Choksi, already arrested in Belgium, in connection with a Rs 55 crore loan fraud invol...

The Supreme Court rejected Kapil Wadhawan's interim bail appeal on medical grounds in a bank loan fraud case. The case involves a fraud amo...

The Delhi High Court has granted bail to Dheeraj Wadhawan, former promoter of Dewan Housing Finance Corp Ltd, in a significant bank loan fr...

Former DHFL director Dheeraj Wadhawan was arrested by the CBI in connection with a Rs 34,000-crore bank fraud case. He was charge-sheeted i...

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 direction was passed by Justice Jasmeet Singh last week, on a plea filed by Jayaswal seeking quashing of the CBI's FIR. Appearing on Ja...

Upon declaring an account as fraud, banks are required to make provisions for 100 per cent of the outstanding loan amount, as per Reserve B...

“The account was declared fraud based on the forensic audit. At a time when capital is so scarce, why should I declare an account fraud for...

Last year, a spate of action by enforcement authorities resulted in many large borrowers being red-flagged. The RBI is now pushing banks to...

According to the complaint by the PNB, the company defaulted on repayment of loans worth over Rs 1,700 crore to a consortium of banks.

Investigative agencies are probing all loans and facilities extended to Choksi and Nirav Modi and their associate cos in the Rs 12,000 cror...

Shivaji Panja, one of the directors of RP Info System, was questioned after the CBI booked RP Info Systems and its officials for the allege...

There may also be criminal connivance between the firm, its directors and some bank employees, the complaint said. A bank official in Kolka...

The consortium led by UCO Bank alleged that the company had defrauded them through conspiracy, cheating and forgery and handed over the cas...

The early warning signals in a loan account should immediately put the bank on alert regarding any error which may ultimately turn out to b...