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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SN Thyagarajan Prashant Jha (Bar Bench) 01 January 1970
The Antwerp Court of Appeal has ruled that Indian businessman Mehul Choksi faces no real or serious risk of torture, inhuman or degrading treatment, or flagrant denial of justice if sent back to India, paving the way for his extradition to face prosecution in the Punjab National Bank fraud case. (Mehul Choksi v. Public Prosecutor General of the Court of Appeal, Antwerp).

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