INDIAN BANKS

RBI Tells Banks to Accept Coins of All Denominations, Orders Message To Be Sent To All Branches Immediately

The RBI on Wednesday has advised all banks to immediately direct all their branches to accept coins of all denominations. The advisory by the Central Bank comes after it received complaints about non-acceptance of coins by branches of various banks.

Videocon Bankruptcy Case: Banks, Others May Lose Over Rs 90,000 Crore

The VTL has also claimed Rs.17,86,94,69,659 from VIL on which there is no dispute and has been accepted in toto.

Vijay Mallya to Indian Banks: 'Take My Money, Save Jet Airways'

Mallya, who is currently facing trial in a UK Court, went on to highlight the "double standards" of the NDA government, and questioned why public sector banks pitched in to save Jet Airways but let his company, Kingfisher Airlines, "fail ruthlessly."

Jet Airways Crisis: SBI Along With Other Lenders, Stakeholders Working on Resolution Plan

The full service carrier, which has been grappling with financial woes, defaulted on loan repayment to a consortium of Indian banks led by State Bank of India (SBI) on December 31, 2018.

Vijay Mallya in Trouble Again! UK Court Orders Liquor Baron to Pay 88,000 Pounds to UBS in Legal Costs

Liquor baron Vijay Mallya once called the "King of Good Times" on Wednesday has got into the trouble again after the United Kingdom court asked him to pay UBS investment bank a minimum of £ 88, 000 as legal costs.

Vijay Mallya in Trouble Again! UK High Court Tells the Businessman To Pay 200,000 Pounds To Indian Banks

The UK High Court has also ordered Mallya to pay costs towards registration of the worldwide freezing order and of the Debt Recovery Tribunal of Karnataka's judgment in Britain.

RBI Data Reveals Rs 11,300 Crore Lying Unclaimed With 64 Banks

The State Bank of India has the largest amount — Rs 1,262 crore lying with it unclaimed.