Saturday, 3 December, 2022
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

YourTurn

File photo of Kerala Governor Arif Mohammed Khan | ANI

Arif Mohammad Khan vs Kerala govt isn’t a new faceoff. Old cases show Governor wears two hats

Under UGC provisions, a search committee is appointed to find suitable candidates for the V-C post. Governors make their selection from among these names.

51 cow universities, old pension scheme, jobs — what RSS affiliates want from 2023 Budget

Welfare schemes and ‘self-reliance’ figure high on Sangh organisations’ wishlists for finance minister Nirmala Sitharaman ahead of the Budget, which she will present on 1 February.

Defence

A soldier with 'Arjun', a black kite trained to down enemy drones, during the Yudh Abhyas exercise being held in Auli, Uttarakhand | Suraj Singh Bisht | ThePrint

It’s a plane, no it’s a bird! Army’s training eagles & falcons to swoop down on hostile drones

The birds are also being trained for surveillance at Remount Veterinary Corps Centre in Meerut, with cameras fitted to their heads to record videos.

A Gujarat gamble: A likely reason Rahul is not giving Modi a fight this assembly election

I'd rather not buy idea that Rahul's holding his fire until 2024. More likely, Congress believes Karnataka offers best chance of winning a Gujarat-sized state if Gujarat is too challenging.