Thu, Dec 07, 2017 | Updated 07.46PM IST

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  • Dec 07, 2017, 19:45 IST

NPA cleanup: 90% firms in RBI's second list to be referred to NCLT

Dec 07, 2017, 19:45 IST

The RBI had asked banks and their defaulters on its second list to come to a mutual agreement on restructuring the loans and get the new agreement vetted by a third party. However, sources say that almost 90% of these cases are likely to be referred to the NCLT, as bankers and defaulter firms haven't been able to come to a mutually agreed solution.

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