Amtek auto

Amtek Auto was referred to NCLT in July 2017, after it defaulted on repayment of loans worth  ₹12,300 crore (Bloomberg file)
The Reserve Bank of India’s June 2017 directive to bankers to file petitions against 12 large defaulters kick-started the process of resolution under the new framework. Photo: Pradeep Gaur/Mint

Bad loan resolution: A reality check

1 min read . 17 Apr 2018