Banks to sell Manohar Joshi’s trust land in Mumbai over loan default
NEW DELHI: State-run Bank of Maharashtra has put on sale a plot owned by Kohinoor Education Trust promoted by Shiv Sena leader and former state chief minister Manohar Joshi in the city after the institute defaulted on around Rs 68 crore of loans. The plot, which was mortgaged to Bank of Maharashtra, State Bank of […]
Now SBI chases Mehul Choksi for Rs 405 crore loan default
MUMBAI: In a new development, the State Bank of India (SBI) on Wednesday moved to recover loan outstandings of Rs 405 crore from absconding diamantaire Mehul Choksi, his family and companies. This is the first time the country’s biggest bank’s exposure has been revealed in the case involving Choksi, who is among the prime accused […]