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Details of defaulter companies not declared

RBI has not declared any details of defaulter companies. Banks have been advised to resolve stressed accounts within six months. Failing which Insolvency proceedings under the Code will need to be initiated.

By Whispers in the Corridors 1 min read

RBI has not declared any details of defaulter companies. Banks have been advised to resolve stressed accounts within six months. Failing which Insolvency proceedings under the Code will need to be initiated.

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