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Tightening the screws on wilful defaulters - The Hindu BusinessLine

Tightening the screws on wilful defaulters - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Andhra Pradesh , Tamil Nadu , Supreme Court , Lenders Forum , Telangana High Court , Fraud Identification Committee , Madras High Court , Draft Master Direction , Wilful Defaulters , Master Directions , Joint Lenders Forum , State Bank , Madras High ,

Supreme Court says borrowers should be heard before banks classify accounts as fraud

The Supreme Court says principles of natural justice must be followed and read into the Reserve Bank of India s master circular on fraud. The court was hearing a bunch of petitions challenging the orders of several high courts in the matter ....

Andhra Pradesh , Lenders Forum , Fraud Identification Committee , Supreme Court , Telangana High Court , Reserve Bank , Master Directions , Telangana High , Joint Lenders Forum , State Bank ,

Sensex, Nifty Pre-Market Cues: All You Need To Know Going Into Trade On July 22


Revenue down 14% at Rs 893.18 crore Vs Rs 1,037.85 crore
Net profit down 35% at Rs 69.51 crore Vs Rs 105.41 crore
Ebitda down 15% at Rs 212.27 crore Vs Rs 250.54 crore
Margin at 23.77% Vs 24.14%
Opened 29 new stores despite on-ground disruption caused by second-wave of Covid-19
Havells India Q1FY22 (Consolidated, QoQ)
Revenue down 22% at Rs 2,609.97 crore Vs Rs 3,339.21 crore
Net profit down 22% at Rs 235.78 crore Vs Rs 303.83 crore
Ebitda down 30% at Rs 355.31 crore Vs Rs 508.18 crore
Margin at 13.6% Vs 15.2%
Net cash at Rs 1,278 crore Vs Rs 1,438 crore
Total debt at Rs 484 crore Vs Rs 493 crore
Demand scenario remains resilient though there are local disruptions owing to lockdowns or scattered market timings ....

India General , United States , Tamil Nadu , Sri Lanka , Bharti Airtel , Elegon Infotech , Bajaj Finserv , Infosys Public Services , Indian Energy Exchange , Chennai Petroleum Corporation , Bajaj Auto , Sahyadri Industries , Insurance Company , Drug Administration , Wipro Fullstride Cloud Services , Bajaj Holdings Investment , Lenders Forum , Indian Bank , Granules Pharmaceuticals Inc , Bajaj Finserv Direct Ltd , Adani Ports , Bajaj Finance , Bajaj Finserv Direct , Reserve Bank , Cloud Native , Hindusthan Sugar ,