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The CBI has registered an FIR against Visa Power and its then chairman Vishambhar Saran in connection with an alleged bank fraud of Rs 1,964 crore, officials told Press Trust of India on Thursday.
Central Bureau of Investigation (CBI) has registered a case against Visa Power and its former chairman Vishambhar Saran in connection with an alleged bank loan fraud of Rs 1,964 crore.A complaint in this respect was received by the CBI from ...
Bank of India has circulated a list of bad loans with a total outstanding of ₹15,000 crore to be considered for sale during the current financial year to asset reconstruction companies and other entities. The lender looks to enhance profitability from its legacy non-performing asset (NPA) accounts. The debt on sale has increased multifold compared with the previous year when the lender had showcased ₹3,000 crore, a bank source said.e
Bank of India has circulated a list of bad loans with a total outstanding of ₹15,000 crore to be considered for sale during the current financial year to asset reconstruction companies and other entities. The lender looks to enhance profitability from its legacy non-performing asset (NPA) accounts. The debt on sale has increased multifold compared with the previous year when the lender had showcased ₹3,000 crore, a bank source said.e
State Bank of India (SBI) plans to sell over INR 960 billion ($12.9 billion) of distressed loans to asset reconstruction companies. The countrys largest bank prepared a list of 331 accounts, including loans to Future Group, Anil Ambani-promoted firms, Videocon Group and Jaypee Group, among others.