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Mumbai: Latest updates -

11:05 PM Sep 16, 2021 | FPJ Web Desk

Maharashtra BJP to observe 'Seva Samarpan Diwas' to mark PM Modi's 71st birthday

Was not aware of Raj Kundra's work: Shilpa Shetty to Mumbai police

Bollywood actor Shilpa Shetty in a statement to Mumbai police claimed she was not aware of her husband Raj Kundra's activities as she was busy with her work, according to a supplementary charge sheet filed by the city police in a court here in connection with a case pertaining to pornographic films.

Shetty's statement is part of the nearly 1,500-page charge sheet filed before a magistrate court on Wednesday by the police against Kundra, 46, and his associate Ryan Thorpe.

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In last six financial years, banks have recovered Rs 5.01 lakh crore. Of this Rs 3.1 lakh crore have been recovered since March 2018, says FM Sitharaman

The Union Cabinet yesterday approved Central Government guarantee up to Rs 30,600 crores to back Security Receipts to be issued by National Asset Reconstruction Company Limited: Finance Minister Nirmala Sitharaman

In 2018, just two out of 21 public sector banks were profitable. But in 2021, only two banks reported losses: Finance Minister Nirmala Sitharaman

NARCL will take over the bad loans from public sector banks and ensure professional management of bad loans, says Finance Minister Sitharaman

Public Sector Banks are now not only making profits, they are also raising money from the markets, a total of Rs. 58,697 Crore has been raised by PSBs as debt and equity, informs Finance Minister

Government setting up India Debt Resolution Company Ltd. The PSBs will have 49% stake in India Debt Resolution Company Ltd, the rest will be for private players: Finance Minister Nirmala Sitharaman

The guarantees for bad loans have been provided for five years only and they have to be resolved by then, says Finance Minister Sitharaman.

Financial Services Secretary Debasish Panda says that Rs 90,000 crore worth of NPAs will be transferred to the NARCL in the first phase.

Government also setting up an India Debt Resolution Company Limited. PSBs will have 51% ownership in NARCL, while PSBs and public financial institutions will have a maximum of 49% stake: Finance Minister Nirmala Sitharaman

ARC license is in the process of being issued by RBI, says Finance Secretary

15% cash payment will be made to banks for NPAs based on some valuation, 85% will be given as Security Receipts: FM

Maha govt mulls setting up special courts to deal with human trafficking cases

The Maharashtra government is contemplating to set up special courts to ensure justice to victims of immoral human trafficking, state Women and Child Development Minister Yashomati Thakur said on Thursday.

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Speaking to reporters after a high-level review meeting, Thakur said there have been complaints about human trafficking from other states.

Jiah Khan suicide case: Court rejects CBI request for further probe

A special CBI court here on Thursday dismissed petitions seeking permission for further probe in Bollywood actor Jiah Khan's alleged suicide.

The trial in the case is already underway.

The petitions had been filed by the Central Bureau of Investigation and Jiah's mother Rabiya Khan.

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