businessworld.in

Canara Bank Recovers Rs 510 Crore From Rajesh Exports After DRT Order

Rajesh Exports logoRajesh Exports
Sig4.05Sen-3.25Env0.00Soc0.00Gov-1.75
Canara Bank logoCanara Bank
Sig3.34Sen+5.08Env0.00Soc0.00Gov+1.55

Rajesh Exports repaid Rs 510 crore owed to Canara Bank after a Debt Recovery Tribunal order, ending Canara’s long-running recovery actions. The bank had pursued insolvency and SARFAESI routes before seeking High Court enforcement of the DRT ruling, which required deposits to prevent sale of secured properties. The repayment clears the full exposure tied to the firm’s NPA status since 2020.

Coverage (1)

ABOUT

What is Fimmer?

Most feeds treat all company headlines the same. An executive interview, an office closure, stock analysis, and a data breach can sit side by side with no sense of scale. Fimmer ranks coverage by what matters, so important events stand out and signals are prioritised over noise. We cluster related company news and score each story using a range of metrics, so you see the most crucial stories first.

SCORING

What do the scores mean?

Significance (0–10) measures the scale of the real-world impact. Sentiment and ESG (−10 to +10) indicate the tone of the coverage and whether the change relates to environmental, social, or governance factors. Together, these scores help distinguish meaningful developments from routine company news. More information about our scoring methodology can be found on our About page.

DISCOVERY

Explore more on Fimmer

Search more than 10,000 public companies, browse the company index, explore their scores, and read the coverage behind them, with our core features available to everyone for free.

For more advanced features, Pro gives you access to dynamic feeds, custom sorting, and more ways to track the companies that matter to you.

More with Pro