The Supreme Court chamber judge yesterday stayed for eight weeks a High Court order that had suspended the inclusion of BNP candidate Manjurul Ahsan Munshi’s name in the list of loan defaulters.

A new customer segment – the “first-time defaulter” – has emerged in the past two years and is presenting challenges for banks, according to a survey examining the future of consumer lending conducted ...

Following similar action taken against the banking industry last month, the Bangladesh Bank (BB) has now instructed non-banking financial institutions (NBFIs) to set up willful defaulter ...

New federal data shed light on the demographics of student loan defaulters as well as their path into and out of default. Every year, 1 million student borrowers default on nearly $20 billion in ...

NEW DELHI: The Reserve Bank of India on Thursday issued revised draft norms for banks and financial institutions to deal with wilful defaulters. According to the RBI proposal, banks have to examine ...

LONDON: Hasan Nawaz, son of Pakistan Muslim League-Nawaz (PML-N) President and former prime minister Nawaz Sharif, has been declared a "deliberate tax defaulter" by the United Kingdom (UK) ...