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SC Wants List Of Companies Who Have Defaulted Over INR 500 crores

SC Wants List Of Companies Who Have Defaulted Over INR 500 crores

Wednesday, January 4, 2017, 5:54 PM

The Supreme Court asked the Reserve Bank of India, to provide a list of companies, which have defaulted on bank loans worth over INR 500 crores. List should be submitted by the RBI in next six weeks. Bad loans have affected the financial performance of big public sector banks such as the State Bank of India, Punjab National Bank and Union Bank of India.
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