It is estimated that about 25 percent of total NPA value of the banks in India is caused by just 12 companies. The RBI has announced the names of those 12 companies in June 2017 and came out with another 40 companies considered as defaulters. The banks can take necessary action on these companies if…
Following are the top companies which are likely to be named by RBI under biggest loan defaulters in the country. Reserve Bank of India will be preparing a list of such companies and soon come out with a report. Loan amount of the following 12 companies constitute 25 percent of the total NPA gross the…