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Newslaundry reveals 'RBI list of top 10 defaulters'

2016-04-26 business-standard
At a time when the Supreme Court flagged faults in rules on bad loans and recoveries in India, media website newslaundry.com claims to have accessed the Reserve Bank of India's (RBI) list of corporate defaulters, totalling loans of Rs 5 lakh crore as on December 24, 2015. The claim comes amidst rising debate whether the banks should reveal defaulters' names. The media outfit said the list contained names of defaulter as well as wilful defaulters.