A company whose owners fled the country with over Rs 400 crore in unpaid loans borrowed from the State Bank of India (SBI) and other banks has emerged as the latest example of a mega defaulter...

 Settlement and Default Handling Procedures in Multilateral and Deferred Net Settlement Systems under the PSS Act, 2007

The SARFAESI Act, which is now rarely being used after the Insolvency and Bankruptcy Code has come into existence since 2016, allows banks to seize, take control, manage and sell assets of defaulting borrowers without the intervention of any court/tribunal and also ensures speedy recovery.

In the last Parliament session, Rahul Gandhi had asked the government to provide a list of top 50 bank loans defaulters in the country, leading to sharp exchanges and uproar in the Lok Sabha.

In a response to an RTI filed by Saket Gokhale, the central bank declined to offer names of wilful defaulters as on February 16, 2020, stating that this data is not available.

The MESTA said the government, schools and parents should work together to ensure salaries are paid, while simultaneously minimising the financial impact on parents.

The Central Bureau of Investigation (CBI) did not carry out any searches in the matter because of the coronavirus-induced lockdown.

Dear all,

I am using Conformal Constraint Designer (Version 17.1) to analyse a SystemVerilog based design.

While performing default HDL checks it finds  some violations (issues) in RTL and complains (warnings, etc) about RTL checks and others.

My questions:

Is there any directive which I can add to RTL (system Verilog) so that particular line of code or signal is ignored or not checked for HDL or RTL checks.

I can set ignore rules in rule manager (gui) but it does not seems effective if code line number changes or new signals are introduced.

What is the best way to customize default_hdl_rules ?

I will be grateful for your guidance.

Thanks for your time.

When I place a pcell and do not change the W parameter (default is used) the value is not saved in the OA cell property.

When I change the default value of the super master now, the old pcell will get the new default value automatically because there is nothing saved inside the OA cell for this parameter.

Do you have any Idea, that how we can save the default values in the OA cell properties so that this value doesn't get updated if the default values are updated in the new PDKs

This Metasploit module abuses a known default password in IBM Data Risk Manager. The a3user has the default password idrm and allows an attacker to log in to the virtual appliance via SSH. This can be escalate to full root access, as a3user has sudo access with the default password. At the time of disclosure, this is a 0day. Versions 2.0.3 and below are confirmed to be affected, and the latest 2.0.6 is most likely affected too.

This exploit permits an attacker to bypass UAC by hijacking a registry key during computerSecurity.exe (auto elevate windows binary) execution.

XBOX 360 Aurora version 0.6b default credential FTP bruteforcing script.

The Office of Fair Trading (OFT) has published details of the information sheets required by the Consumer Credit Act 1974 (CCA) as amended by the Consumer Credit Act 2006 for sending to borrowers in arrears and with default notices. The information ...

In recent years few, if any, lenders will have escaped the experience of borrowers challenging the enforceability of arrears administrations’ fees and regulators requesting that the level of such fees be justified, for example: credit card l...

Default retirement age to be abolished next year The Government has this morning confirmed that it plans to abolish the default retirement age (DRA) next year. The aim is that from 6 April 2011 the statutory retirement procedure in Schedule 6 of th...

The Government has today published a response to its public consultation on plans to abolish the default retirement age. Although the regulations by which this will be effected are unlikely to be published for a few weeks, the Government has confirm...

Argentina will keep pushing for talks with creditors even as a deadline for its US$ 65 billion debt restructuring proposal passed on Friday with little sign it had the support needed from international bondholders to unlock a comprehensive deal. Apparently on averaged less than 20% of bondholders accepted Argentina's conditions

Banking integration lowers bank default risk in recipient countries.

Banking integration lowers bank default risk in recipient countries.

South Africa's central bank has temporarily prohibited the use of debt issued by the Land Bank as collateral after the state agricultural lender was downgraded deeper into junk status and missed $2.7 billion in loan repayments.

The case against them has been registered for forgery, cheating, criminal breach of trust and corruption.

The U.S. Court of Appeals for the Federal Circuit has affirmed a judgment upholding the Navy’s termination for default of a contract with McDonnell Douglas and General Dynamics for the A-12 stealth attack aircraft.

Executive summary In a previous Evidence Speaks report, I described the high rates at which student loan borrowers default on their repayment within 12 years of initial college entry, often on relatively modest amounts of debt. One of the most striking patterns emerging from that report and other prior work is how dramatically default rates…

Argentina is on the brink of a new, disorderly default. The government’s original debt plan, an aggressive offer to solve once and for all Argentina´s long-standing external problems, is likely to be turned down by external creditors. The coronavirus crisis opens a door to a viable plan B: a “standstill” agreement—more specifically, a reprofiling exchange—to…

Argentina is on the brink of a new, disorderly default. The government’s original debt plan, an aggressive offer to solve once and for all Argentina´s long-standing external problems, is likely to be turned down by external creditors. The coronavirus crisis opens a door to a viable plan B: a “standstill” agreement—more specifically, a reprofiling exchange—to…

The CBI had recently booked Ram Dev International and its directors Naresh Kumar, Suresh Kumar and Sangita, for defrauding Rs 414 crore

This study models the distance-to-default (DTD) of a large sample of banks from 2004 to 2011 and examines the results from the perspective of policy approaches that aim to reduce the riskiness of banks.

This paper provides robust empirical evidence that government effectiveness is a key determinant of sovereign defaults.

Beirut hit by another sovereign bond downgrade amid political crisis

London-based Ashmore bet heavily on the country’s short-term debt

Investors seeking safe haven for cash are driving a real estate boom

Century-old agriculture lender is latest state group in need of government support

Analysts expect the country to make bondholders an offer they cannot accept

Big investors must adopt a tougher stance on balance sheet resilience

Caroline Criado-Perez won the latest Financial Times and McKinsey Business Book of the Year Award with her book Invisible Women: Exposing Data Bias in a World Designed for Men. She spoke to Andrew Hill, the FT’s management editor, about the consequences for women and for society as a whole of using men as the default model.

Contributors: Andrew Hill, management editor, and Caroline Criado Perez. Producers: Marc Filippino and Fiona Symon

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Finance minister tells FT that government has rejected counter-offer from BlackRock-led group of creditors

Trump ally Tom Barrack’s investment group in talks with lenders over hotel and nursing home debt

With unemployment growing at a worrying rate, we’re seeing a lot more people finding themselves in hot water when it comes to their finances. Today a startup that’s built a platform to help identify and help those users when they find themselves unable to make payments is announcing a very large growth round of funding […]

Zoom is making some drastic changes to prevent rampant abuse as trolls attack publicly shared video calls. Starting April 5th, it will require passwords to enter calls via Meeting ID, as these may be guessed or reused. Meanwhile, it will change virtual waiting rooms to be on by default so hosts have to manually admit […]

1. Bank defaulters flee country, CBI files case following SBI complaint after 4 yrs  Hindustan Times
2. Another Bank Defaulter Flees Country, SBI Complains To CBI After 4 Years  NDTV
3. CBI books directors of Ram Dev International for loan default  The New Indian Express
4. SBI complains to CBI after ₹411 crore loan defaulters flee country  The Hindu
5. Rs 411 crore loan defaulters flee country, SBI complains to CBI after four years  Daijiworld.com
6. View Full coverage on Google News

The company had three rice milling plants, besides eight sorting and grading units in Karnal district with offices in Saudi Arabia and Dubai for trading purposes, the SBI complaint said.

Charlie Sheen has been hit with a further blow since the actor, 53, could lose his Beverly Hills mansion after reportedly defaulting on his mortgage, according to The Blast .

According to an email from the Google-owned home security company sent to users, it will lower users' cameras to their default settings automatically to 'conserve internet resources.'

Peer-to-peer lender Funding Circle beat its revenue targets for 2018 by 5%, but saw the percentage of loans last year it expected to default rise to between 3 and 3.8% it announced

I have £40,000 of unsecured debts - £20,000 on two credit card defaults - but having never missed a mortgage payment in 12 years, is it possible to obtain a mortgage?

Some longstanding Virgin Money credit cardholders have been left with charges on their accounts after discovering they had only been making minimum direct debit payments.