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Friday, August 15, 2025
TopicLoan defaulters

Topic: loan defaulters

Will bring back all money taken away from banks, says Nirmala Sitharaman

Speaking at an event in Jammu Tuesday, Sitharaman said the govt is actively pursuing the cases of loan defaulters, irrespective of whether they are in India or outside the country.

I-T dept will now share info on loan defaulters with state-run banks in ‘public interest’

In a new order, the income tax department says it will share information about immovable properties held by defaulters and their guarantors.

Disclose names of big loan defaulters: Central Information Commission directs RBI

The commission issued the directive while deciding on an RTI plea following RBI's refusal to provide information citing confidentiality.

Modi govt vows to ensure IL&FS won’t default again

The dramatic move to take control of IL&FS underscores Modi govt's concern that more defaults may spread to other lenders.

Delinquent power sector loans of Rs 700 billion to be resolved soon, says SBI

RBI had in February introduced new rules and a 6-month period for banks to recast loans in case payments are missed.

Banks take over land, unfinished projects as housing slump puts $20 billion loans at risk

Home sales volumes are said to have declined about 40% over four years and prices dropped as much as 20% on average.

On Camera

Nobel committee, note how Trump allowed Munir to make nuclear threat against India from US soil

So far, India has responded to his threats with a measured, diplomatic, strategic, and multi-dimensional approach. Now, it needs to react firmly.

Modi’s ‘Diwali bonanza’ for the common man—next-gen GST reforms, lower tax on daily-use items soon

Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.

What is Project Sudarshan Chakra, announced by Modi from ramparts of Red Fort

The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.