 "RBI's second list of defaulters")
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
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