loan default payments

Taking loans v tackling laundering: Which serves our long-term interests best?

Fighting tax evasion, preventing trade-based illicit financial outflows and ending the culture of money laundering and loan defaults is a much more sustainable solution to adding to foreign exchange reserves than taking foreign loans on interest.

Supreme Court of India shares details of Kingfisher Airlines chief Vijay Mallya's assets with banks

The Supreme Court of India shares the details of assets held by Vijay Mallya, his three children and his estranged wife to the consortium of banks led by the State Bank of India (SBI).

August 3, 2022
August 3, 2022

Taking loans v tackling laundering: Which serves our long-term interests best?

Fighting tax evasion, preventing trade-based illicit financial outflows and ending the culture of money laundering and loan defaults is a much more sustainable solution to adding to foreign exchange reserves than taking foreign loans on interest.

April 26, 2016
April 26, 2016

Supreme Court of India shares details of Kingfisher Airlines chief Vijay Mallya's assets with banks

The Supreme Court of India shares the details of assets held by Vijay Mallya, his three children and his estranged wife to the consortium of banks led by the State Bank of India (SBI).