bank defaulters

bank defaulters News

Bad debts: RBI gives Supreme Court defaulter list, with confidentiality rider

RBI’s affidavit was filed in response to a reply sought by a bench led by Chief Justice T S Thakur, which had last month taken suo motu cognizance of The Indian Express report that Rs 1.14 lakh crore of bad loans had been written off by state-owned banks.

Revealing defaulters names will ‘chill economic activity’: Raghuram Rajan

On March 31, the RBI had submitted to the Supreme Court a list of defaulters owing Rs 500 crore or more to public sector banks.