#electrosteel

[dawnfacts-blog]

Aftermath of Nirav Modi fraud: PNB Recovers A Record Rs 11,378 Crore In 5 Months

Aftermath of Nirav Modi fraud: PNB Recovers A Record Rs 11,378 Crore In 5 Months

Fraud-hit Punjab National Bank (PNB) recovered a record Rs11,378 crore from defaulters in the first five months of this fiscal, which is more than the state-run lender’s total recovery in the two years through 2017-18, according to the bank’s data.

Desperate to return to profitability and avoid featuring on the Reserve Bank of India’s watchlist after record losses last fiscal, mainly due to the…

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[jffc-in-blog]

Electrosteel: NCLAT allows Vedanta to make Rs 5,320-cr payment upfront

https://jffc.in/2018/05/31/electrosteel-nclat-allows-vedanta-to-make-rs-5320-cr-payment-upfront/ #5320Cr, #Electrosteel, #NationalCompanyLawAppellateTribunal, #Nclat, #Payment, #Rs, #Upfront, #Vedanta