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London court orders Nirav Modi to repay Bank of India dues

A London court has ruled against diamond merchant Nirav Modi in a financial dispute involving Bank of India, ordering him to repay approximately $10.7 million linked to a defaulted corporate loan. The judgment strengthens the bank’s claim that Modi remains personally liable under a guarantee tied to funding extended to his overseas diamond trading entity. Court upholds personal guarantee obligation

Finance & Economics

24 Jun 2026 04:16 AM

London court orders Nirav Modi to repay Bank of India dues

Finance & Economics

Pravasi Sampark NRI meet highlights Bank of India’s global banking focus

Bank of India’s Mumbai North Zone recently organised an NRI Meet titled “Pravasi Sampark” as part of its ongoing efforts to deepen engagement with Non-Resident Indian customers and better understand their evolving banking, investment, and remittance requirements. The initiative reflects the bank’s focus on strengthening long-term relationships with the global Indian diaspora by offering customer-centric and technology-driven financial solutions. The event was attended by sen

NRI News

16 Jan 2026 08:11 AM

Pravasi Sampark NRI meet highlights Bank of India’s global banking focus

NRI News

MTNL Defaults on Rs 8,585 Crore Payments, Owes 7 Public Sector Banks

Mahanagar Telephone Nigam Ltd (MTNL), the state-run telecom firm, is facing a fresh financial crisis as it defaults on a significant sum of Rs 8,585 crore in principal and interest payments to a group of seven public sector banks. The default was officially confirmed by MTNL in a filing to stock exchanges, highlighting the ongoing struggles of the company. The unpaid debt includes Rs 7,794.34 crore in principal and Rs 790.59 crore in interest.

Business

15 Jul 2025 08:13 AM

MTNL Defaults on Rs 8,585 Crore Payments, Owes 7 Public Sector Banks

Business

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#bankofindia

London court orders Nirav Modi to repay Bank of India dues

London court orders Nirav Modi to repay Bank of India dues

Pravasi Sampark NRI meet highlights Bank of India’s global banking focus

Pravasi Sampark NRI meet highlights Bank of India’s global banking focus

MTNL Defaults on Rs 8,585 Crore Payments, Owes 7 Public Sector Banks

MTNL Defaults on Rs 8,585 Crore Payments, Owes 7 Public Sector Banks

Neeraj Chopra Wins Ostrava Golden Spike But Disappointed with Performance

Trump invites Colombia’s president to White House after diplomatic tensions over Venezuela and drug policy

Congress Demands 45 Seats from DMK in Tamil Nadu Ahead of 2026 Assembly Elections

Chicago's Jackson Park Cherry Blossoms Peak: Hanami Festival Set

Supreme Court clears path to dismiss Steve Bannon contempt conviction

5 Surprising Health Benefits of Pomegranate Peel You Didn’t Know

Modi’s Bihar victory boosts prospects for India–US trade deal on farm concessions

Major Investments Underway to Modernize Santa Clara Water Supply and Treatment Systems

Explosion at Sivakasi Firecracker Factory Kills 4, Injures Many

Trump backs H1-B visa, says US needs global talent amid worker shortage

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Neeraj Chopra Wins Ostrava Golden Spike But Disappointed with Performance

Trump invites Colombia’s president to White House after diplomatic tensions over Venezuela and drug policy

Congress Demands 45 Seats from DMK in Tamil Nadu Ahead of 2026 Assembly Elections

Chicago's Jackson Park Cherry Blossoms Peak: Hanami Festival Set

Supreme Court clears path to dismiss Steve Bannon contempt conviction

5 Surprising Health Benefits of Pomegranate Peel You Didn’t Know

Modi’s Bihar victory boosts prospects for India–US trade deal on farm concessions

Major Investments Underway to Modernize Santa Clara Water Supply and Treatment Systems

Explosion at Sivakasi Firecracker Factory Kills 4, Injures Many

Trump backs H1-B visa, says US needs global talent amid worker shortage

#bankofindia

London court orders Nirav Modi to repay Bank of India dues

London court orders Nirav Modi to repay Bank of India dues

Pravasi Sampark NRI meet highlights Bank of India’s global banking focus

Pravasi Sampark NRI meet highlights Bank of India’s global banking focus

MTNL Defaults on Rs 8,585 Crore Payments, Owes 7 Public Sector Banks

MTNL Defaults on Rs 8,585 Crore Payments, Owes 7 Public Sector Banks

Neeraj Chopra Wins Ostrava Golden Spike But Disappointed with Performance

Trump invites Colombia’s president to White House after diplomatic tensions over Venezuela and drug policy

Congress Demands 45 Seats from DMK in Tamil Nadu Ahead of 2026 Assembly Elections

Chicago's Jackson Park Cherry Blossoms Peak: Hanami Festival Set

Supreme Court clears path to dismiss Steve Bannon contempt conviction

5 Surprising Health Benefits of Pomegranate Peel You Didn’t Know

Modi’s Bihar victory boosts prospects for India–US trade deal on farm concessions

Major Investments Underway to Modernize Santa Clara Water Supply and Treatment Systems

Explosion at Sivakasi Firecracker Factory Kills 4, Injures Many

Trump backs H1-B visa, says US needs global talent amid worker shortage

Popular Cities