BANKLOOT
IANS 27 April 2020
The Reserve Bank of India (RBI) has admitted to writing off a staggering amount of Rs 68,607-crores due from 50 Top Wilful Defaulters, including absconding diamantaire Mehul Choksi, according to a reply under RTI.

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Central Information Commissioner (CIC) Prof Sridhar Acharyulu has directed the finance ministry, the ministry of statistics & implementation and the Reserve Bank of India (RBI) to make public, the names of those bank loan defaulters whose unpaid loans amount to Rs50 crore and above.

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The government is also contemplating special action against 91 wilful defaulters seeking to prevent them from leaving the country

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How many organisations turned a blind eye to Vijay Mallya's bad loans

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Prachi Narayan 15 January 2015
The Revised Guidelines of RBI give untrammelled powers of judicial review on the banks that surely lack judicial skills

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