New Delhi: The court bench of Supreme Court headed by Justice GS Thakur asked to the Reserve Bank of India for the list of companies that are in delinquency of bank loans of more than 500 crores, or those companies who have been reshuffle under corporate debt restructuring scheme.
The Supreme Court instructed that the list of the defaulters be presented to in the sealed envelope.
Also, the SC wants to know how the public sector banks and financial institutions finance such huge loan with proper loan recovery scheme or proper guidelines for adequate loan recovery mechanism.
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