The court held that failure to apply Clause 3(d) of the RBI Master Circular invalidated the wilful defaulter declaration. Non ...

MUMBAI, June 13 (Reuters) - Two of India's largest bank employee unions on Tuesday urged the central bank to review and withdraw its recent decision to allow compromise settlements for wilful ...

In further clampdown on Vijay Mallya, state-run Punjab National Bank has declared him as well as his group firms UB Holdings (UBHL) and long-grounded Kingfisher Airlines as "wilful defaulter". While ...

Concerned over "unacceptable" NPA levels, Finance Minister Arun Jaitley on Monday (23 November) discussed with PSU bank chiefs the issue of wilful defaulters and said that the lenders have all the ...

So by default, a wilful defaulter will be an account which is already an NPA. So, it is actually a combination which is what my interpretation is that it will be a wilful defaulter whose account has ...

MUMBAI, Jan 5 (Reuters) - India's capital markets regulator on Monday recommended restrictions on accessing equity and debt markets for so-called "wilful defaulters", as it steps up efforts to tackle ...