Ekbote was arrested soon after the Supreme Court turned down his anticipatory bail plea earlier in the day, the official added.
The bank got the share in lieu of repayment of loan.
Three Naval personnel, including a Lt Commander, were arrested by the Kerala police on Thursday night for allegedly attacking the Harbour police station following a clash with the local police.
Taking his fight against division of Andhra Pradesh to the national capital, YSR Congress Party chief Jaganmohan Reddy on Monday staged a protest and courted arrest, while accusing the Congress of engineering the pepper spray episode in Parliament.
The three options are - a one-time settlement, restructuring of loans and of course go to IBC.
For the past 10 years or more, the RBI has been turning down dozens of applications under the RTI Act that sought disclosing the list of wilful defaulters and the RBI's inspection reports. In fact, it is the only organisation that has a granular and complete view of the heist that has been going on for 25 years at least. But it has escaped any blame for the multiple rounds of bankruptcy and massive periodic recapitalisation of public sector banks caused by bad loans. In fact, they don't want anyone to know how incompetent and collusive they have been in handling bad loans, says Debashis Basu.
Here's how leaders across political parties welcomed Wing Commander Abhinanadan Varthaman on his return to India.
How companies can get their sports marketing strategy right.
Virender Sehwag's participation was in doubt owing to a shoulder spasm.
Upgraded Chetak, christened Chetan, successfully completes hot and high altitude tests in the Siachen Glacier
Here are some glimpses of the Independence Day celebrations at the Red Fort.
The two-page letter, written in Hindi, has requested the minister to hand over the probe into Banerjee's death to the "most premier investigating agency" as the probe carried out by police so far looks "suspicious".
The girl lending the helping hand won her hearts and accolades, with Hero Cyles taking special note.
Mita said she was not worried about the criticism she faced on social media over her anti-war stand.
Till March 2011, things were manageable.
Judge Jagdale, with a severe expression shadowing his face, looked sharply at Manoj Patil, Airtel's nodal officer, and told him plainly: "It is difficult to digest what you are saying (about) giving call data, but not giving call timings and durations."
What will be its impact on the banks's balance sheets? Since banks need to provide for 10 per cent of the loans restructured, they would need Rs 50,000 crores to Rs 80,000 crore for this purpose, notes Tamal Bandyopadhyay.
Indian Air Force's 115 Helicopter unit and 26 Squadron, both doing yeoman's services in rescue operations and war have been awarded with the President's Standard award, an official said on Friday.
A Cabinet note of the much-awaited legislation is ready and is likely to be put before the state Cabinet in the next 15 days.
'Very thankful to #IndianNavy & all who rescued me,' Tomy was quoted as saying in the Indian Navy spokesman's tweet.
RBI says haste in easing norms for banks harmful to economy.
The IAF 'evidence' shows that the S-2000 laser-guided munition hit the intended targets causing significant 'internal damage', sources said.
A mere pair of shoes sets off the kind of harsh condemnation Indrani draws in these corridors of justice. That she being a woman who killed her daughter -- never mind that she is an undertrial and the crime has not yet been proven -- apart from making her an object of curiosity, also makes her, by perception, more evil than the men that flood these corridors, facing trial for similar or worse crimes.
Peter's lawyer paints Indrani as a master manipulator, looking to waste the court's time and use the media to manipulate public perception about his client. 'She is "trying to exonerate herself," the lawyer argues, and accuses Indrani of "trying to lay a trap" for Peter "and attempting to malign his reputation"...'
Police has released the sketch of one of the suspected terrorists who was spotted by the school children in Uran.
Young soldiers blame commanders of for the debacle at the Uri army camp. Ajai Shukla reports
Anil Ambani will take over as the chairman of Pipavav Defence
Home Minister Sushilkumar Shinde led the nation in paying tributes to the twenty bravehearts, who died in Tuesday's chopper crash while rescuing stranded people in flood-ravaged Uttarakhand.
Banks to get more aggressive and act like PE investors
'The financial sector will be hit even harder than the overall market.' 'The banking sector will eventually be rescued.' 'But it may go into a long downwards spiral before things turn around.' 'Threat or buying opportunity?' asks Devangshu Datta.
'With increasing use of social media for instant communication, the armed services better find a quick solution to the new challenge they face or else continue to remain on the back foot despite doing sterling work in combating the proxy war in Kashmir.'
It was a euphoric moment for students of the College of Engineering in Pune as the academic satellite developed by them -- Swayam -- was on Wednesday successfully placed in orbit along with 19 others.
Former Miss India Niharika Singh alleged Nawaz grabbed her and told her it was his dream to have a Miss India or an actress wife.
IT majors weakened ahead of the September US jobs data and telecom stocks ended lower
'Could the Khar police and the CBI have tinkered with the driver's call data records?' 'And did their fiddling with the information not make it that they were tampering with the lives of people that were in the balance as a result of this case?'
RBI had on February 12, 2018 issued a circular saying that lenders have to provide for resolution plan within 180 days in case of large account of Rs 2,000 crore and above.
The firm, which owns, operates and manages hotels, palaces and resorts, is likely to hive-off the two properties into separate entities.
After three decades of glorious service, the Sea Harrier jets of the Indian Air Force will fly into the sunset on Wednesday.
Voicing "grave concern" over the recent sinking of a torpedo recovery vessel off Visakhapatnam coast, Navy Chief Admiral R K Dhowan on Monday rued that the force cannot induct new platforms as quickly as it wants to.
