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Monday, February 23, 2026
TopicLoan defaulters

Topic: loan defaulters

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.

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

Nick Jonas wearing a mangalsutra is validation for many Indians. He’s our favourite jiju

Nick Jonas is not trying to modernise the mangalsutra, but his gesture shows that choices can be equal. If commitment must be flaunted, it need not be gendered.

In the West, there’s anxiety. In India, optimism—Rishi Sunak says India poised to be leader in AI

On Wednesday, the former UK Prime Minister Rishi Sunak was speaking in New Delhi at a Carnegie & Observer Research Foundation event on AI.

Suspected brake failure leads to Tejas accident after landing, airframe likely to be written off

The IAF, so far, remains mum on this accident which has led to grounding of the fleet for safety checks.

No country is ever fully sovereign. Cold War era taught India its real meaning

India’s fraught neighbourhood places multiple constraints on its strategic choices. It leaves no time to take a deep breath, lean back and reset.