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RECENT NEWS
The Hindu Business Line  Dec 6  Comment 
A case has also been registered with the CBI
TechCrunch  Nov 30  Comment 
 Once upon a time, in 2014, Tumblr announced that it was adding SSL, the standard protocol for establishing a secure connection on the web, as an option on all blogs. Two and a half years later, it’s finally the default! For new blogs, anyway....
The Economic Times  Nov 28  Comment 
If the central bank fails to issue clarification, banks would default on their CRR obligations, which would invite penalty from the regulator.
The Economic Times  Nov 24  Comment 
The company said West Bengal and Jharkhand had shown a growth of 1 and 4% respectively while their NPA growth stood at as high as 13% and 12%.
MarketWatch  Nov 16  Comment 
Donald Trump’s voters are about to learn the hard way that you give this man your trust at your own peril, writes Brett Arends.
The Economic Times  Nov 8  Comment 
A senior government official confirmed the development and said that their idea was to prevent the ‘one-day-one rupee’ delay for default recognition that causes lasting damage to a project.
The Hindu Business Line  Nov 3  Comment 
Jindal Steel and Power Ltd today said it has failed to pay Rs 15.43 crore interest on non convertible debentures (NCDs), which was due on October 31.“The company has not made payment of Rs 15.43 cror...
The Hindu Business Line  Nov 2  Comment 
No ambiguity any more in key definitions and interpretations
New York Times  Oct 21  Comment 
Rehabilitation, the main option for getting back on track, can return borrowers to delinquency because of “needless red tape,” a new report finds.




 

Default refers to the failure to pay his or her debt on a timely basis or to comply conditions of an agreement or an obligation. Some example of default are loan defaults which the borrower does not pay back his loan on the date agreed with the bank.

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