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Allow promoters to bid under IBC if not wilful defaulters, says Rakesh Bharti Mittal

Updated : June 14, 2018 10:51 AM IST

Mittal also made a strong case for reducing interest rates by 100 basis points.
RBI should do away with the provision of one-day default for recognising NPA.
Non-performing assets in the banking sector were over Rs 8.31 lakh crore at the end of December 2017.
Allow promoters to bid under IBC if not wilful defaulters, says Rakesh Bharti Mittal

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