RBI identifies 12 mega defaulters for insolvency, their total NPA Rs 175000 cr – The Indian Express
Written by George Mathew | Mumbai | Updated: June 14, 2017 7:36 am The IAC noted that under the recommended criterion, 12 accounts adding up to about 25 per cent of the current gross NPAs of the banking system would qualify for immediate reference under IBC, the RBI said on Tuesday. The Reserve Bank of…