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News on Kingfisher Airlines
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Sebi working on guidelines to check wilful defaulters:Sinha

4.15 pm | 17 Sep 2014 |  Source: PTI

Earlier this month, United Bank of India had declared Kingfisher Airlines, its promoter Vijay Mallya and three other directors as wilful defaulter cit...

See credit grow around 20%, NPAs trend lower: Federal Bank 

1.49 pm | 15 Sep 2014 |  Source: CNBC-TV18

The bank does not hold large portfolios of stress and aims to bring down its non-performing assets (NPAs) and non-performing loans (NPLs) going ahead....

Kingfisher loan default only a 'trickle': Vinod Rai

4.08 pm | 14 Sep 2014 |  Source: PTI

“Stories of Kingfisher Airlines and Bhushan Steel are only now emerging in trickles. The amount that has gone into corporate debt restructuring is a...

Guarantors of defaulters at risk; SBI to target UB Holdings 

11.10 am | 11 Sep 2014 |  Source: CNBC-TV18

The Gujarat High Court on Wednesday had partially struck down the earlier RBI circular on wilful defaulters calling the restrictions imposed on direct...

Guj HC partially strikes down RBI wilful defaulter circular 

6.04 pm | 10 Sep 2014 |  Source: Moneycontrol.com

RBI's master circular on wilful default list siphoning of funds, misrepresentation/falsification of records and fraudulent entry of transactions and r...

UB Holdings falls 4%, United Bank to take action against co

3.28 pm | 10 Sep 2014 |  Source: Moneycontrol.com

D Narang, Executive Director of United Bank of India, which declared Kingfisher Airlines and its promoter Vijay Mallya wilful defaulter, said the bank...

Need to sort legal issues before targeting UBHL: United Bk 

12.04 pm | 10 Sep 2014 |  Source: CNBC-TV18

RBI has issued clarification on 'wilful defaulter' tag wherein it allowed banks to include key executives in the management as defaulters too. The cen...

Stocks in news: TCS, Apollo Tyres, Eicher Motors, AB Chem

8.26 am | 09 Sep 2014 |  Source: CNBC-TV18

TCS | Aditya Birla Chemicals | IRB Infrastructure | Apollo Tyres | Kingfisher Airlines | Deccan Cements | Gammon Infrastructure | Jayshree Chemicals |...

Wilful defaulter tag a powerful weapon for creditors: Rajan

4.05 pm | 06 Sep 2014 |  Source: PTI

"The wilful defaulter tag is a powerful weapon in the hands of creditors for resolving distressed assets. It shuts out access to credit within the Ind...

UBI claims baseless; denied chance to present case: Mallya 

2.02 pm | 04 Sep 2014 |  Source: CNBC-TV18

UBI recently declared the grounded airline and Mallya as wilful defaulters for non-payment of dues worth Rs 400 crore. ...

Stocks in news: DLF, Cipla, Idea, Axis, ITC, Marico Kaya

8.20 am | 04 Sep 2014 |  Source: CNBC-TV18

Maruti Suzuki | Coal India | Cipla | DLF | Idea Cellular | SBI | PNB | Axis Bank | Canara Bank | ICICI Bank | IDBI Bank | Indian Bank | ITC | Larsen a...

Mallya has lot to explain at Mangalore Chem, UBL AGM 

8.35 pm | 03 Sep 2014 |  Source: CNBC-TV18

The annual general meeting of both these companies is slated Thursday...

Banks pile pressure on Mallya over airline loans

11.12 am | 03 Sep 2014 |  Source: Reuters

The airline founded by Mallya failed to make a profit during the eight years from launch to the grounding of its fleet in October 2012 and has been un...

Finmin asks RBI to tighten monitoring, lending norms

6.37 pm | 02 Sep 2014 |  Source: PTI

According to sources, the Finance Ministry has urged RBI to tighten the norms and monitoring system so that activities like fund diversion could be pr...

Kingfisher to challenge United Bank's decision

4.16 pm | 02 Sep 2014 |  Source: PTI

In a statement, the Vijay Mallya-owned company said, "KFA and its directors will vigorously challenge the decision of UBI"....

Wilful defaulter: Is this end of the road for Vijay Mallya?

2.21 pm | 02 Sep 2014 |  Source: Moneycontrol.com

Under law, willful defaulters cannot have access to any further bank funding and neither can companies where they serve as directors....

SC declares Kingfisher plea as infructuous 

2.19 pm | 02 Sep 2014 |  Source: PTI

The Kingfisher Airlines had alleged that the order by GRC was passed yesterday, ignoring the plea that the director should be allowed to be represente...

Stocks in news: Tata Motors, TVS Motor, Cipla, REC, PFC

8.29 am | 02 Sep 2014 |  Source: Moneycontrol.com

Tata Motors | Hero Motocorp | TVS Motor Company | Escorts | Cipla | Kingfisher Airlines | United Bank of India | Rural Electrification Corporation | D...

KFA case: Decoding implications of 'wilful defaulter' tag 

4.18 pm | 01 Sep 2014 |  Source: CNBC-TV18

United Bank has declared Kingfisher Airlines and its promoter Vijay Mallya as ‘wilful defaulter’. The bank is in the process of sending formal not...

United Bank declares Vijay Mallya as wilful defaulter 

2.20 pm | 01 Sep 2014 |  Source: PTI

The Kolkata-based bank is the first PSU lender to initiate the process of declaring Vijay Mallya and three other directors of the grounded Kingfisher ...

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