Resolution outside NCLT procedure; banks to resolve 15-16 stressed assets

Name: Resolution outside NCLT procedure; banks to resolve 15-16 stressed assets
Uploaded: 2018-08-27T13:54:15+00:00
Duration: 17 min 22 s
Channel: NewsX
Description: RBI issued a circular on the 12th of February, asking all PSU's to begin the cleaning up process. Our sources tell us that nearly 70-80 companies fell under the RBI's circular of these banks expected to resolve 15-16 stressed assets.

NewsX

RBI issued a circular on the 12th of February, asking all PSU's to begin the cleaning up process. Our sources tell us that nearly 70-80 companies fell under the RBI's circular of these banks expected to resolve 15-16 stressed assets.

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