The Supreme Court had directed the RBI that it seeks the list of companies, which have defaulted bank loans of over Rs. 500 crore.
- Expressing the serious concern over the rise in bad loans the court asked the RBI to provide the list within six weeks.
- A bad loan is a loan where repayments are not being made as per the agreement between the borrower and the lender.
- Chief Justice of India – T.S. Thakur
No comments:
Post a Comment