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KSL Industries pays FCCB holders, ends litigation
Aug 16, 2012 at 21:28 | Source: CNBC-TV18
KSL Industries - part of the multi-crore Tayal Group, has made full payment to its FCCB holders, after it had been dragged to the Bombay High Court over defaulting on payments in May.
Axis, BoI, UCO among top loan recast candidates in April
May 07, 2012 at 12:07 | Source: Moneycontrol.com
Lenders from both public and private sectors ranked higher in the two big loan restructuring cases referred to Corporate Debt Restructuring (CDR) cell in April, 2012: Tayal group of companies (total eight entities) at around Rs 2800 crore and ICOMM Tele, a Hyderabad-based turnkey project solution provider at Rs 1,350 crore.
April Heat: Banks recast record Rs 6K-cr loans
May 03, 2012 at 20:54 | Source: Moneycontrol.com
Banks continue to reel under asset quality pain. In April, the first month of FY13, they have referred around 15 fresh loan recast cases or more than Rs 6,000 crore to the Corporate Debt Restructuring (CDR) cell. Eight Tayal group companies topped the list with loans of over Rs 2,800 crore.
CBI files charge sheets against senior bank officials
Oct 04, 2011 at 18:53 | Source: PTI
CBI has filed charge sheets in four cases registered by it last year against senior officials of a public sector bank and a private company for allegedly receiving kickbacks in sanctioning of loans.
Loan scam: RBI seeks info on loans granted to 15 cos
Nov 25, 2010 at 22:17 | Source: CNBC-TV18
The Reserve Bank of India (RBI) too has swung into action. Sources say that the RBI has sought details of all secured loans. The central bank will also look into consortium loans approved by managing committees, reports CNBC-TV18s Gopika Gopakumar quoting sources.
Ashapura Minechem denies taking loan from BoI in 2-yrs
Nov 25, 2010 at 16:29 | Source: CNBC-TV18
Chetan Shah, the managing director of Ashapura, in an interview with CNBC-TV18 categorically denied taking a loan from BoI or any bank in the last two years, nor has he or any of his officials interacted with Tayal. We deal with a lot of other officers of Bank of India but I dont remember dealing with Tayal, he claimed.

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Loan scam: RBI seeks info on loans granted to 15 cos
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