NEW DELHI: The Reserve Bank of India (RBI) is readying to release a second list of loan defaulters that may contain some 30-40 companies, including the likes of Videocon, Castex Technologies, Visa Steel and JSPL, ETNow reported.
Most of the companies on the list are said to be from the infrastructure and power sectors. ETNow quoted sources as saying that the second list is likely to be released in September.
Shares of Visa Steel fell 1.24 per cent in Tuesdays trade to Rs 19.90 after the news. This stock is fallen 26 per cent in last three months, and 60 per cent in last five years.
Videocon shares fell 3 per cent to Rs 18.35 on Tuesday after having wiped out 60 per cent of its market capitalisation in last three months. In last five…
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