इंडियन आवाज़     25 Jun 2018 03:17:09      انڈین آواز

Bankers meet to decide on large defaulters


RBIThe leading bankers are planning a meeting from Monday to discuss on their next course of action on bad loans accounts for referral to National Company Law Tribunal. The bankers will meet to discuss on the six of the 12 bad loan accounts named by RBI as the largest defaulters last week to face bankruptcy proceedings.

Since these are large accounts and involve multiple banks, the lenders will try to take a common view on all administrative requirements before referring these accounts to the NCLT. According to RBI, these 12 accounts owe Rs 2.5 trillion to the system, which constitute around 25 per cent of gross bad loans.

Leave a Reply

Your email address will not be published. Required fields are marked *



ADB to fund Rs 1900 crores for development of Tourism in Himachal Pradesh

By Vinit Wahi Department of Economic Affairs, Union Ministry of Finance, has approved a Tourism Infrastructur ...

Air India marks 70 years since 1st India-UK flight

  Air India is marking 70 years since its first flight took off from Mumbai to London in June 1948, wh ...

@Powered By: Logicsart