Seshagiri Rao MVS, joint MD and group CFO of the JSW Group, explains the group’s stance, countering criticism by peers against the recent a...

Till December 31, 2016, there were 9,130 willful defaulters in the country who had taken loans amounting Rs 91,155 crore from various PSU b...

British bank Standard Chartered (StanChart) has knocked on the doors of the Prime Minister’s Office (PMO), seeking the state’s help to go a...

Amid probe against Vijay Mallya in the alleged loan fraud case, Former Union Finance Minister Yashwant Sinha said willful defaulters having...

Likewise, net NPAs rose to 5.86 per cent of the advances as of December quarter of 2015-16, from 3.82 per cent in the year-ago period.

Shares of United Breweries (Holdings) tumbled nearly 10 per cent in Tuesday's trade after the company said its creditor Punjab National Ban...

A bench of Chief Justice G Rohini and Justice R S Endlaw reserved the verdict after both sides completed their arguments.

This comes after state-owned United Bank declared Mallya and three directors of Kingfisher Airlines as willful defaulters on Monday.

A two judge bench of the SC summarily waived off Kingfisher's objections that its chairman was declared a "wilful defaulter" by the UBI's G...

I don’t know about the agenda. Some executive director of United Bank of India had been boasting in Kolkata that he will teach Mallya a les...

RBI’s definition of a willful defaulter is a person or a company who deliberately doesn’t honour his debt commitments to lenders.

The Delhi High Court said that Punjab National Bank should give to the carrier copies of documents relied upon by the bank.

Mallya challenged Justice Dipankar Dutta's order which dismissed his plea against the state-run lender's recovery measures.

Concerned over rising bad loans, the Reserve Bank today said it could consider making future borrowings more expensive for willful defaulte...

Chakrabarty said banks should make use of the credit information bureau to share details of willful defaulters and shun them entirely.

Allaying fears of the industry over introduction of harsh provisions in the service tax rules, a senior Finance Ministry official has said ...

Reserve Bank today came up with draft guidelines for change in management or takeover of the company by reconstruction companies, in case o...