News for '-dena-bank'

5,275 wilful defaulters (+ Mallya) owe banks Rs 56,621 crore

Rediff.com18 Mar 2016

India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles

Bank NPAs are just the tip of the iceberg

Rediff.com16 Feb 2016

Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.

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