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Saturday, August 15, 2026
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Union Bank

SBI Classifies MTNL Loan as Sub-Standard NPA and Threatens Legal Action

In Short:The State Bank of India (SBI) has classified MTNL’s loan account as sub-standard due to missed payments since June. MTNL owes Rs 325.52...

NCLT Initiates New Insolvency Proceedings for Lavasa Corporation

In Short:The National Company Law Tribunal (NCLT) dismissed Darwin Platform Infrastructure Ltd's resolution plan for Lavasa Corp, allowing creditors to resume insolvency proceedings. The...

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