Sunday, March 16, 2025 | 02:51 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Videocon, JP Associates, IVRCL on RBI's 2nd list of loan defaulters: Report

These firms, about 40 of them, will be sent to NCLT if debt issue is not resolved by mid-December

RBI's second list of defaulters
Premium

BS Web Team New Delhi
The Reserve Bank of India (RBI) has made a second list of loan defaulters with approximately 40 companies, including Videocon, JP Associates, IVRCL, Castex, Visa Steel and Uttam Galva, on it.

According to TV reports,  these companies will be sent to NCLT if debt issue is not resolved by mid-December and the list is likely to be released in September.

Most of the companies on the list are from the infrastructure and power sectors, according to an Economic Times report.

Below is the list (source: moneycontrol):

Visa Steel, Ruchi Soya, Unity Infra, SEL Manufacturing, Monnet Power, Orchid Chemicals, Shakti

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in