Loan Default News Today

May 1, 2024, Press Release from the University of Northwestern Ohio: The University of Northwestern Ohio is proud to announce today that it has been named a Gold-level Military Friendly®

KATHMANDU, April 21: The non-performing loans of commercial banks increased to 3.65 percent in the first nine months of the current fiscal year, an increase of 0.63 percent compared to the same period last year.

View the Sanford Herald for Friday, April 5, 2024

Punish wilful defaulters before banks’ health further deteriorates

A US-based lending company submitted today that Byju's had defaulted in payment of over ₹8,000 crore.

Deputy leader of the opposition Anisul Islam Mahmud, a lawmaker of main opposition Jatiyo Party, today in parliament demanded that the government stop the culture of loan default to save the country's economy.

Though there was no formal challenge to the OMs, the Court said that even without a formal challenge, the courts can refuse to take cognizance of such instruments when their “voidness is apparent on their face."

Discussion of markets and performance

The complaint, filed by Karnataka State Cooperative Apex Bank manager Rajanna, accuses Jarkiholi of having fraudulent intentions and failing to repay a substantial loan obtained from the bank | Latest News India

India Business News: In a representation to the RBI earlier this month, lenders argued that penal interest rates contribute to better credit discipline. They also stated t