RBI issues new norms for wilful defaulters

RBI issues new norms for wilful defaulters

The Reserve Bank of India (RBI) has issued new norms on wilful defaulters, directing banks and NBFCs..

  • 30 July 2024
RBI proposes banks identify wilful defaulters within six months

RBI proposes banks identify wilful defaulters within six months

The Reserve Bank of India (RBI) on Thursday proposed that lenders should label defaulting borrowers ..

  • 21 September 2023
Top 50 wilful defaulters owe Rs 87,295 crore to banks

Top 50 wilful defaulters owe Rs 87,295 crore to banks

India’s top 50 wilful defaulters owed Rs 87,295 crore to banks as of 31 March 2023, the Finance Mini..

  • 01 August 2023
Compromise settlement with wilful defaulters not new, says RBI

Compromise settlement with wilful defaulters not new, says RBI

The Reserve Bank of India (RBI) has clarified that a compromise settlement with wilful defaulters is..

  • 21 June 2023
Why compromise settlement with wilful defaulters is being opposed

Why compromise settlement with wilful defaulters is being opposed

The Reserve Bank of India’s (RBI) decision to allow wilful defaulters and loan accounts involved in ..

  • 14 June 2023
Top 50 wilful defaulters owe banks Rs 92,570 cr

Top 50 wilful defaulters owe banks Rs 92,570 cr

The top 50 wilful defaulters in India owed banks Rs 92,570 crore as of March 2022, with Gitanjali Ge..

  • 20 December 2022