NIFTY  9,595.10  0.90%
  SENSEX  31,028.20  0.90%
 CURRENCY  Rs  64.62/$ 72.34/€, 83.25/£
  GOLD  28,884.00  0.78%
  SILVER  40,130.00  0.82%
  DAX  12,602.20  -0.15%
  FTSE  7,547.63  0.40%
  CAC  5,336.64  -0.01%
  HANG SENG  25,639.30  0.03%
  NIKKEI  19,686.80  -0.64%
  Shanghai Composite  3,110.06  0.04%
  DOW JONES  21,082.90  0.34%
  NASDAQ  6,205.26  0.69%
  S&P 500  2,415.07  0.44%
INDIAN HOTELS - MD & CEO Rakesh Sharma Resigns Due To Personal Reasons Effective Sept 30 EARNINGS REPORT - Divi's Labs To Pay Dividend Of Rs 10/Share

Banks List Cos Fit For Management Change

Video:

Play this video

September 26: Banks seem to be finally acting on the directive coming from the finance ministry. Bloomberg TV India learns that banks are examining cases where they could seek change in management and have clearly indicated that there will be no compromise in writing off loans to willful defaulters. However, while there is intent to stand tough on defaulters, banks like SBI are facing legal hurdles in demanding changes from the borrowers.