Defaulters owe 27% of total amount to SBI alone, PNB next
Country’s largest lender SBI accounts for over 27 per cent of the total amount owed to public sector banks by wilful defaulters. As many as 1,762 wilful defaulters owed Rs 25,104 crore to State Bank of India as on March 31, putting pressure on its balance sheet. Punjab National Bank (PNB) is next on the list with 1,120 wilful defaulters having outstanding non-performing assets (NPAs) or bad loans of Rs 12,278 crore. Together these two banks account for Rs 37,382 crore or 40 per cent of the total outstanding loans. click here to read more
UC Browser will be banned if it would be found as guilty for data leaks
One of the most popular internet browser UC Browser has come under the government scanner for alleged leak of mobile data of its Indian users. click here to read more
These 200 companies will be ‘compulsorily’ delisted by BSE tomorrow
The BSE on Monday said that it will compulsorily delist 200 companies with effect from Wednesday and will bar promoters of these companies from accessing the securities market for ten years.
These companies belong to various sectors ranging from chemicals and fertilizers, pharmaceuticals, finance and textile companies. click here to read more