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Top 50 wilful defaulters owe Rs 87,295 crore to banks: Finance ministry

The finance ministry on Tuesday said top 50 wilful defaulters including Gitanjali Gems Limited, Era Infra Engineering Limited, REI Agro Limited, and ABG Shipyard Limited owe Rs 87,295 crore to banks and financial institutions. Of this, top 10 wilful defaulters owe Rs 40,825 crore to schedule commercial banks (SCBs), Minister of State for Finance Bhagwat Karad said in a written reply in Rajya Sabha. ....

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Southern Community Bancshares, Inc. (SCBS) to Issue Quarterly Dividend of $0.09 on July 5th

Southern Community Bancshares, Inc. (OTC:SCBS – Get Rating) announced a quarterly dividend on Thursday, June 15th, NASDAQ reports. Stockholders of record on Friday, June 30th will be paid a dividend of 0.0938 per share on Wednesday, July 5th. This represents a $0.38 annualized dividend and a dividend yield of 2.35%. The ex-dividend date is Thursday, […] ....

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