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16
June 2017
Following
the Reserve Bank of India (RBI) identifying 12 accounts that are responsible
for 25 per cent of non-performing assets (NPAs), the central bank on Friday
said it has no plans to come out with a next list any time soon.
"If
you look at it (NPAs), RBI had a detailed circular. Twelve cases have been
referred for resolution by Insolvency and Bankruptcy Code (IBC). Other (bad
loan) cases, banks are encouraged to resolve in six months' time," RBI
Deputy Governor S.S. Mundra said. The
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"Where
is the question of quickly coming out with the second list," he said.
Mundra
was speaking on the sidelines of the 3rd national summit -- Bankers Borrowers
Business Meet 2017 -- organised here by the Associated Chambers of Commerce and
Industry of India (Assocham).The Total
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