Clik here to view.
Fresh trouble for Vijay Mallya as ED cracks whip in loan default case
Zee Media BureauNew Delhi: The Enforcement Directorate (ED) has registered a case against Vijay Mallya under Prevention of Money Laundering Act (PMLA) in connection with the alleged default of over Rs...
View ArticleClik here to view.
Big blow to Vijay Mallya: Diageo can't disburse $75 million payout, rules DRT
Zee Media BureauNew Delhi: The Debt Recovery Tribunal (DRT) on Monday ruled that Vijay Mallya cannot withdraw from USD 75 million severance package that he will be getting for quitting Diageo-owned...
View ArticleClik here to view.
After SBI and PNB, UBI to declare Vijay Mallya wilful defaulter?
Mumbai: After being declared as wilful defaulter by State Bank of India and Punjab National Bank, one more state-run lender United Bank of India Monday said it is continuing its efforts to declare...
View ArticleClik here to view.
SBI, other banks move SC to stop Vijay Mallya from leaving India
Zee Media BureauNew Delhi: A consortium of PSU banks on Tuesday moved the Supreme Court seeking direction that industrialist Vijay Mallya is not allowed to leave India. SC has agreed to hear plea of...
View ArticleClik here to view.
SBI Chairman on Women's Day
Watch all parts of First Trade and stay updated with the latest news updates of share market and stock exchange. Zee Business is one of the leading and fastest growing Hindi business news channels in...
View ArticleClik here to view.
Banks petition SC to stop Vijay Mallya from leaving India
Now Banks petitioned SC to stop Vijay Mallya from leaving India. The Debts Recovery Tribunal has also passed orders to restrain Diageo Plc from paying Vijay Mallya Rs 515 crore as a part of a...
View ArticleClik here to view.
Loan default case: SC to hear banks' plea to restrain Vijay Mallya from...
New Delhi: In a move that may compound woes of liquor baron Vijay Mallya, the Supreme Court Tuesday agreed to hear on Wednesday a plea of 13 banks, which had advanced loans of over Rs 9,000 crore to...
View ArticleClik here to view.
SC to hear plea to restrain Vijay Mallya from leaving country
New Delhi: The Supreme Court will hear on Wednesday a plea filed by public sector banks seeking a direction that liquor baron Vijay Mallya be restrained from leaving India. These banks had advanced...
View ArticleClik here to view.
SC notice to Vijay Mallya on SBI plea asking why his passport should not be...
Zee Media BureauNew Delhi: The Supreme Court on Wednesday issued notice to liquor baron Vijay Mallya on SBI and other public sector banks' plea seeking restraining him from leaving India.SC has sought...
View ArticleClik here to view.
Vijay Mallya is not in India: AG tells SC
New Delhi: The Supreme Court on Wednesday issued a notice to liquor baron Vijay Mallya on a petition by a consortium of 17 banks seeking disclosure of his assets and seizure of passport. Attorney...
View ArticleClik here to view.
SBI blames holidays for delay in moving courts against Vijay Mallya
Mumbai: State Bank of India, which leads a consortium of 17 lenders of Kingfisher Airlines, Thursday refuted the allegation that the banks were late in taking action against the airline and its...
View ArticleClik here to view.
Moody's retains ratings on SBI, IDBI; sees NPA woes stabilising
Mumbai: Moody's Investors Service has affirmed State Bank of India's (SBI) local and foreign currency deposit ratings at Baa3/P and expects not much deterioration in its asset quality.The agency has...
View ArticleClik here to view.
SBI says number of zero balance Jan Dhan a/cs below 46%
Mumbai: Top lender State Bank of India has said it has seen a steady decline in the number of zero balance accounts opened under the financial inclusion drive and their count is now below 46...
View ArticleClik here to view.
Vijay Mallya still has pledge-free assets worth more than Rs 5,500 crore
Zee Media BureauBengaluru: Amid all the hullaballoo related to liquor baron Vijay Mallya’s loan-default case, there is a good news for lenders that the beleaguered businessman still has pledge-free...
View ArticleCBI to investigate if PSBs were forced into lending to Mallya
Zee Media BureauNew Delhi: Taking the probe further, the Central Bureau of Investigation (CBI) is looking into whether some influential politicians used pressure tactics to force public sector banks...
View ArticleClik here to view.
OROP: SBI disburses Rs 1,465 crore as 1st instalment of arrears
Mumbai: Top public sector lender State Bank of India Monday released arrears worth Rs 1,465 crore to 7.75 lakh defence pensioners under One Rank One Pension (OROP) scheme, as per the government...
View ArticleClik here to view.
SBI partners Uber for instant vehicle financing
Mumbai: Public sector lender SBI has tie-up with taxi-aggregator Uber to provide instant vehicle finance to 'driver-partners' on the latter's platform.The scheme would encourage skilled drivers to...
View ArticleClik here to view.
SBI profitability to face lingering pressure: Moody's
New Delhi: As it spends next 6-8 quarters rebuilding balance-sheet buffers, SBI's profitability metrics could face lingering pressure, Moody's Investors Service said Wednesday.SBI's private sector...
View ArticleClik here to view.
Loan default: SBI starts auction of Vijay Mallya's Kingfisher House, base...
Mumbai: Lenders to long-grounded Kingfisher Airlines, owned by beleaguered businessman Vijay Mallya, Thursday began auctioning the KFA headquarters - Kingfisher House - situated near the domestic...
View ArticleClik here to view.
Kingfisher House auction proves to be a flop show; gets no bidders
Zee Media BureauNew Delhi: Auction of the KFA headquarters - Kingfisher House - got over on Thursday without getting any bidder presumably due to litigation fears and a high reserve price of Rs 150...
View Article