NIFTY  8,879.20  0.65%
  SENSEX  28,661.60  0.68%
 CURRENCY  Rs  67.02/$ 71.15/€, 83.19/£
  GOLD  29,246.00  -0.39%
  SILVER  42,779.00  -0.37%
  DAX  11,757.00  -0.00%
  FTSE  7,299.96  0.30%
  CAC  4,867.58  -0.55%
  HANG SENG  24,146.10  0.47%
  NIKKEI  19,251.10  0.09%
  Shanghai Composite  3,239.96  0.65%
  DOW JONES  20,624.10  0.02%
  NASDAQ  5,838.58  0.41%
  S&P 500  2,351.16  0.17%
VARUN BEVERAGES Q3 - Approved Issue Of NCDs Up To Rs 300 Cr On Pvt Placement Basis VARUN BEVERAGES Q3 - Net Sales At Rs 241 Cr Vs Rs 289 Cr YoY

RBI Joins Govt’s Battle Versus Defaulters

Video:

Play this video

“The promoters do not have a divine right to remain in a company after mis-managing it,” said the new RBI Governor Raghuram Rajan. Financial Services Secretary Rajiv Takru says that the Govt is very happy with the new RBI Governor's comments on defaulters, adding that the battle against wilful defaulters who keep coming back asking for money will only get stronger now.