Economy Inter Creditor Agreement: Some private banks see red Updated : August 21, 2018 10:18 AM IST The agreement was mooted by the Sunil Mehta committee as the first step to resolve bad or non performing loans (NPAs). Among private banks, ICICI, Axis, Federal and some smaller banks have signed. However, banks like HDFC, Kotak and RBL are holding back saying they are seeking legal opinion. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.