State Bank Of India Decides To Write Off Loans Of Huge Defaulters

The State Bank of India has decided to write off loans of huge defaulters.

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SBI Writes off Vijay Mallaya Loans Worth Rs 1201 Crores | HMTV

State Bank Of India writes off loans worth Rs 7,000 crore including Vijaya Mallya pending loans of worth 1201 Crores on Wednesday. SBI also said that removing Mallya’s debt from the books does not mean that it will stop pursuing the case.

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From: HMTV News

Related topics : india bank loan write off

Ajay Chellaiya by Smart Kirukkan

Reaction for the news regarding SBI writes off Rs 7,016 crore loans owed by wilful defaulters, including Vijay Mallya’s defunct airlines.

The State Bank of India got non-performing assets worth Rs 7,016 crore off its books by writing off loans owed to it by 63 wilful defaulters, Daily News & Analysis reported Wednesday. The clean-up saw the bank forgo almost Rs 1,201 crore in dues owed by Vijay Mallya’s defunct Kingfisher Airlines, which heads the list of wilful defaulters.

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From: Smart kirukkan

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Biggest Scam Of Independent India: Arvind Kejriwal On Notes Ban

One of the most vocal critics of demonetization, Delhi Chief Minister and Aam Aadmi Party leader Arvind Kejriwal called it "the biggest scam of independent India." "Banks didn't have money to write off loans to billionaires, so government started this game," he alleged.

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From: NDTV

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SBI Writes Off Rs 7016 Crore Defaulter Loans, Including Vijay Mallya | ABN Telugu

State Bank of India the country’s largest public sector lender, has decided to write off loans worth nearly Rs 7016 crore of as many as 63 wilful defaulters including Vijay Mallya. This means the loans given to Kingfisher Airlines, will no longer be shown in the bank’s balance sheet.

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From: ABN Telugu

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Vijay Mallya से हार गया State bank of India, नहीं वसूलेगा कर्ज

The State Bank of India got non-performing assets worth Rs 7,016 crore off its books by writing off loans owed to it by 63 willful defaulters, Daily News & Analysis reported Wednesday. The clean-up saw the bank forgo almost Rs 1,201 crore in dues owed by Vijay Mallya’s defunct Kingfisher Airlines, which heads the list of willful defaulters. Documents accessed by DNA reveal that 63 accounts have been fully written off, 31 partially written off and six have been shown as NPAs. SBI adjusted its...

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From: NMF News

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SBI Writes Off Rs 7016 Crore Defaulter Loans, Including Vijay Mallya Kingfisher Airlines | ABN

State Bank of India the country’s largest public sector lender, has decided to write off loans worth nearly Rs 7016 crore of as many as 63 wilful defaulters including Vijay Mallya. This means the loans given to Kingfisher Airlines, will no longer be shown in the bank’s balance sheet.

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From: ABN Telugu

Related topics : india bank loan write off