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News
bank default
Bank default News
Axis Bank
26 Mar 2018
Axis Bank's rating unaffected by not honouring guarantee: Fitch
The agency has a 'BBB-' rating with a stable outlook on the Shikha Sharma-led bank.
Diageo
17 Jul 2017
Diageo holds $35 million payment to Vijay Mallya
British liquor giant Diageo has decided to withhold remaining USD 35 million due to Vijay Mallya as part of the USD 75 million (Rs 515 crore) sweetheart deal for his exit from United Spirits Ltd, a source familiar with the development said.
Vijay Mallya
14 Mar 2016
Probe will cover all the transactions made by Kingfisher Airlines: CBI Director Anil Sinha
Central Bureau of Investigation (CBI) director Anil Sinha has made it clear that the investigative agency will cover all the deals and transactions carried out by Kingfisher Airlines
Wilful Defaulter
10 Sep 2014
RBI right in declaring guarantor as wilful defaultor: Expert
Lenders can declare a loan guarantor as wilful defaulter when the primary borrower is declared so, said an advocate in the apex court.
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