Tag: Banks
ED FREEZES BANK ACCOUNTS OF ISLAMIST ORGANISATION PFI IN CONNECTION WITH MONEY LAUNDERING CASE
The Enforcement Directorate has frozen the bank accounts of the Islamist organisation Popular Front of India (PFI) under the provisions of the Prevention of Money Laundering Act (PMLA). According to reports, 23 bank accounts of PFI and 10 bank accounts of PFI’s front organisation RIF… Read More
Rs 18,000 Crore Recovered From Fugitives Vijay Mallya, Nirav Modi And Mehul Choksi And Returned To Banks: Central Govt To SC
The Central Government has told to the Supreme Court that Rs 18000 crore have been returned to the banks which were stifled by fugitives Vijay Mallya, Nirav Modi, and Mehul Choksi until now. Solicitor General Tushar Mehta was representing the Centre during a hearing on… Read More
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#lootmoneyreturns Debt Tribunal Recovers and Transfers Assets worth ₹8,441 Cr to Public Sector Banks
Debt Recovery Tribunal of India recovered and transferred assets worth ₹8,441.50 crore from Vijay Mallya, Nirav Modi and Mehul Choksi to public sector banks. These loans were given to them during the period of congress government. Now recovered under shri #narendramodi ji government. #lootmoneyreturns .… Read More
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Chasing Loans Is Banned By RBI With Issues On Physical Verification Of Documents
The RBI has banned the direct selling agents to carry out the physical verification of the borrower’s documents and source retail loans. For the verification of documents that are outsourced by the banks have been found to have several cases of theft and misuses. So,… Read More
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‘Who does one believe?’: Vijay Mallya’s latest tweet attack on Prime Minister Modi
In a fresh tweet on Thursday (April 18), Vijay Mallya cast aspersions on some comments made by Prime Minister Narendra Modi in an interview. Mallya tweeted, "None other than the Prime Minister of India specifically says in an interview that his Government has recovered more… Read More
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Jet Airways cancels all flights with immediate effect as lenders refuse emergency fund request
Cash-strapped Jet Airways has cancelled all its domestic and international flights with immediate effect after lenders rejected the airline’s request for an emergency fund infusion of Rs 400 crore. A Mumbai-Amritsar flight will be its last for now, sources said. Source: news18 Read More
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बैंकों के इनकार के बाद आज बंद हो सकता है जेट एयरवेज का परिचालन
जेट एयरवेज ने संकट से उबरने और ऑपरेशन जारी रखने के लिए 400 करोड़ की आपातकालीन रकम की मांग की थी, लेकिन बैंकों से यह रकम नहीं मिल सकी। इसका मतलब है कि अभी उड़ रहे जेट के 5 विमान भी अब जमीन पर ही रहेंगे। Source: opinion Read More