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Friday, December 12, 2025
TopicDefaulters

Topic: defaulters

Penal action against wilful defaulters will continue even if they enter into deals with lenders, RBI clarifies

TCA Sharad Raghavan -
In FAQ document, RBI says its new guidelines won't stop penal proceedings against wilful defaulters & that recoveries will continue even if loans are technically written off.

From private jets & starry parties to hiding in Nigeria: The giant fall of the Sandesaras

Aditi Vatsa -
Chetan and Nitin Sandesara of the Vadodara-based Sandesara Group are accused of defaulting on loans of over Rs 5,000 crore

IL&FS seeks insolvency cover to avoid bankruptcy amid string of defaults

Anurag Joshi -
IL&FS has missed more than 5 debt payments since August and is trying to settle the matter with creditors outside the insolvency courts.

Crisis-hit IL&FS plans Rs 300 billion asset sales to raise funds

Saloni Shukla -
Defaulter IL&FS plans to sell 25 assets and has received investor interest for 14 of them.

RBI delays bonuses of top private bankers amid reports of frauds

Anto Antony -
India’s private banks have had a tough time over the past year, plagued by revelations of hidden bad loans and alleged lapses in corporate governance.

On Camera

YourTurn

Opinion

IndiGo cancellations made TV news do the unexpected — question the Modi government

Shailaja Bajpai -
Republic TV was the harshest of them all: “The (civil aviation) minister has done a bad job,” said prime time anchor Arnab Goswami.

Why electoral ‘reform’ is cause for worry—the Modi govt uses it to cement political hold

The world’s biggest trade deal is in the making. India and EU must close it now

Economy

IndiGo’s profits dipped, most airlines sunk into losses last fiscal even as flier numbers soared

Udit Bubna -
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.

Defence

US clears $686-mn package to breathe fresh life into Pakistani F-16s

Vaibhav Pant -
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).

National Interest

Asim Munir & Pakistan’s Failed Marshal Doctrine

Shekhar Gupta -
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.

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