Rajan On Defaulters

Severely admonishing the RBI and the PMO, the Central Information Commission has again directed them to disclose the list of wilful defaulters and Raghuram Rajan's letter on bad loans.

Lauding the efforts taken by the government to take action against wilful defaulters, RBI Governor Raghuram Rajan on Wednesday said the central bank has created a monitoring cell for early reporting of frauds to investigative agencies.

Lauding the efforts taken by the government to take action against wilful defaulters, Reserve Bank of India Governor Raghuram Rajan on Wednesday said the central bank has created a monitoring cell for early reporting of frauds to investigative agencies.

The Reserve Bank of India is working on a new system for making public a list of wilful defaulters, while a new mechanism is being put in place for out-of-court settlement of bad loan-related disputes, its Governor Raghuram Rajan said on Saturday.

Reserve Bank of India is working on a new system for making public the list of wilful defaulters, while a new mechanism is being put in place for out-of-court settlement of bad loan-related disputes, Governor Raghuram Rajan said today.

Amid raging controversy over loan defaults by corporates, RBI Governor Raghuram Rajan has said the issue of bad loans gets "loaded with a lot of morality" and it is necessary to keep criminal liability separate for putting the stressed assets back on track.

Amid outrage over Vijay Mallya's massive default on loans, Finance Minister Arun Jaitley and Reserve Bank of India (RBI) Governor Raghuram Rajan today cautioned against overstating the bad loans crisis in the banking system lest it hampers the entire lending operations and growth.

Amid outrage over Vijay Mallya's massive default on loans, Finance Minister Arun Jaitley and Reserve Bank of India Governor Raghuram Rajan on Saturday cautioned against overstating the bad loans crisis in the banking system lest it hampers the entire lending operations and growth.

Reserve Bank Governor Raghuram Rajan on Saturday said the central bank has put in place process to penalise wilful defaulters, but accepted that there are problems when it comes to implementation.

With lenders staring at huge loan losses on a review of top 150 defaulting accounts by Reserve Bank of India, its Governor Raghuram Rajan on Tuesday said the exercise is a part of a proactive clean-up process that will strengthen the system to serve the economy's needs in the future.

Days after RBI Governor Raghuram Rajan warned bank defaulters against flaunting their wealth, Chief Economic Advisor Arvind Subramanian and NITI Aayog Member Bibek Debroy on Sunday appeared to suggest that "flaunting" of riches should not be a matter of that much concern.

As RBI chides banks to act tough on bad debts, Governor Raghuram Rajan has asked his colleagues to ensure that the central bank was not seen as mere "paper tiger" and even rich and powerful wrong-doers are not spared.

Reserve Bank Governor Raghuram Rajan on Friday said there is a need to check flaws in the banking system to ensure that defaulters are not let off scot-free.

Reserve Bank of India Governor Raghuram Rajan on Thursday came down heavily on promoters of some large distressed companies taking advantage of lenders' fear of an asset turning dud and making unjustified demands.

Reserve Bank of India chief Raghuram Rajan has given banks more teeth to banks in their fight against loan defaulters. The central bank on Monday announced new guidelines for recovery of bad loans.

Severely admonishing the RBI and the PMO, the Central Information Commission has again directed them to disclose the list of wilful defaulters and Raghuram Rajan's letter on bad loans.

Lauding the efforts taken by the government to take action against wilful defaulters, RBI Governor Raghuram Rajan on Wednesday said the central bank has created a monitoring cell for early reporting of frauds to investigative agencies.

Lauding the efforts taken by the government to take action against wilful defaulters, Reserve Bank of India Governor Raghuram Rajan on Wednesday said the central bank has created a monitoring cell for early reporting of frauds to investigative agencies.

The Reserve Bank of India is working on a new system for making public a list of wilful defaulters, while a new mechanism is being put in place for out-of-court settlement of bad loan-related disputes, its Governor Raghuram Rajan said on Saturday.

Reserve Bank of India is working on a new system for making public the list of wilful defaulters, while a new mechanism is being put in place for out-of-court settlement of bad loan-related disputes, Governor Raghuram Rajan said today.

Amid raging controversy over loan defaults by corporates, RBI Governor Raghuram Rajan has said the issue of bad loans gets "loaded with a lot of morality" and it is necessary to keep criminal liability separate for putting the stressed assets back on track.

Amid outrage over Vijay Mallya's massive default on loans, Finance Minister Arun Jaitley and Reserve Bank of India (RBI) Governor Raghuram Rajan today cautioned against overstating the bad loans crisis in the banking system lest it hampers the entire lending operations and growth.

Amid outrage over Vijay Mallya's massive default on loans, Finance Minister Arun Jaitley and Reserve Bank of India Governor Raghuram Rajan on Saturday cautioned against overstating the bad loans crisis in the banking system lest it hampers the entire lending operations and growth.

Reserve Bank Governor Raghuram Rajan on Saturday said the central bank has put in place process to penalise wilful defaulters, but accepted that there are problems when it comes to implementation.

With lenders staring at huge loan losses on a review of top 150 defaulting accounts by Reserve Bank of India, its Governor Raghuram Rajan on Tuesday said the exercise is a part of a proactive clean-up process that will strengthen the system to serve the economy's needs in the future.

Days after RBI Governor Raghuram Rajan warned bank defaulters against flaunting their wealth, Chief Economic Advisor Arvind Subramanian and NITI Aayog Member Bibek Debroy on Sunday appeared to suggest that "flaunting" of riches should not be a matter of that much concern.

As RBI chides banks to act tough on bad debts, Governor Raghuram Rajan has asked his colleagues to ensure that the central bank was not seen as mere "paper tiger" and even rich and powerful wrong-doers are not spared.

Reserve Bank Governor Raghuram Rajan on Friday said there is a need to check flaws in the banking system to ensure that defaulters are not let off scot-free.

Reserve Bank of India Governor Raghuram Rajan on Thursday came down heavily on promoters of some large distressed companies taking advantage of lenders' fear of an asset turning dud and making unjustified demands.

Reserve Bank of India chief Raghuram Rajan has given banks more teeth to banks in their fight against loan defaulters. The central bank on Monday announced new guidelines for recovery of bad loans.