RBI lists 12 NPA accounts for insolvency proceedings – Hindu Business Line
These make up 25% of the 8 lakh crore non-performing assets of the banking system Mumbai, June 13: To purge the banking system of big-ticket stressed assets, the Reserve Bank of Indias internal advisory committee (IAC) has recommended for immediate reference under the Insolvency and Bankruptcy Code (IBC) 12 accounts totalling about 25 per cent…