NEW DELHI, March 27 (Reuters) - Indian banks must give defaulters an opportunity to be heard before they classify a loan account as fraud, the Supreme Court ruled on Monday. Banks cannot unilaterally ...
The National Association of College and University Business Officers (NACUBO) created these classifications to standardize the reporting across colleges and universities.
The Pioneer on MSN
SC questions banks on hearing before classifying account as fraud
The Supreme Court (SC) on Tuesday asked what prejudice would be caused to banks if they provide an opportunity of hearing to ...
Mumbai: In a major setback to industrialist Anil Ambani, the Bombay High Court on Friday dismissed his plea challenging the State Bank of India’s (SBI) decision to classify his loan account as ...
Supreme Court questions banks on prejudice caused by providing hearing before classifying accounts as fraud. SBI challenged ...
Hosted on MSN
Canara Bank withdraws order classifying Anil Ambani's loan account ‘fraudulent,’ informs Bombay High Court
Canara Bank on Thursday, 10 July 2025, informed the Bombay High Court that the institutional lender has withdrawn its order classifying a loan account of Reliance Communications linked to Anil Ambani ...
Hosted on MSN
SBI order classifying Anil Ambani, Reliance Communications accounts as fraud has no infirmity: HC
The Bombay High Court while upholding an order of the State Bank of India (SBI) classifying the accounts of industrialist Anil Ambani and Reliance Communications as fraud has said it was a reasoned ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback