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    Willful Defaulters: India's Banks Face Rs 40.6 Billion in Debt

    New Delhi, March 16 Top 10 willful defaulters, including ABG Shipyard, Gitanjali Gems, and Housing Development and Infrastructure, owe Rs 40,635 crore to banks as of March 31, 2025, Parliament was informed on Monday.ABG Shipyard Ltd tops the list with Rs 6,695 crore due to banks, followed by...
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    RBI Slaps Monetary Penalties on Maharashtra, CSB, and Other Banks

    Mumbai, February 13 The Reserve Bank of India (RBI) imposed monetary penalties on Bank of Maharashtra, DCB Bank, and CSB Bank on Friday for non-compliance with directions.The central bank imposed a fine of Rs 32.50 lakh on Bank of Maharashtra, Rs 29.60 lakh on DCB Bank, and Rs 63.60 lakh on...
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