Wednesday, 14 June 2017
After taking years, bankruptcy will now take days to be resolved: Sanjeev Sanyal, Principal Economic Adviser
Talking to ET Now, Sanjeev Sanyal, Principal Economic Adviser, says process being initiated on 12 very large defaulters as accounting for 25% of the whole NPA problem now. The process normally takes something like 180 days. After that, it can be extended by 90 days.
You can read more here: After taking years, bankruptcy will now take days to be resolved: Sanjeev Sanyal, Principal Economic Adviser
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