RBI introduces a new rule mandating banks to classify wilful defaulters within 6 months of NPA tagging. The guideline aims to ...
Bank Holidays in India 2024: Banks will remain shut on August 26 across many cities including Ahmedabad, Bhubaneswar, Chandigarh, Chennai, Dehradun, Lucknow, Patna, Raipur, Ranchi, among others. The ...
RBI directs banks to classify wilful defaulters within six months of NPA tagging, tightening norms to improve credit ...
RBI introduced a timeline for declaring wilful defaulters after NPA classification. It ensures faster identification and strengthens credit ...
Mumbai: The Reserve Bank of India (RBI) on Tuesday issued final guidelines on the classification of wilful defaulters, directing lenders to complete identifying and tagging such a borrower within six ...
The Bombay High Court has said banks and financial institutions should pass reasoned orders before declaring an entity or person a wilful defaulter under the Reserve Bank of India's Master Circular. A ...
The trial court issued an interim injunction against UC Surendranath after Mambally’s Bakery filed a suit to restrain him from using the MAMBALLY’S BAKERY mark The trial court subsequently found that ...
As we turn the page to 2023 it’s as good a time as ever to review one of the most important concepts in unemployment compensation – “wilful misconduct.” From an employer’s perspective understanding ...
The Supreme Court has held that the wilful absence of government servants, or their travel without prior approval of ex-Pakistan leave, cannot be treated lightly. It warned that if the act of wilful ...
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