SC directs RBI to submit loan defaulters list

By : ANI News

Published On: 2016-02-16

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New Delhi, Feb 16 (ANI): After the hearing of a public-interest litigation (PIL) against public sector organisation Housing and Urban Development Corporation Limited (HUDCO), lawyer and activist Prashant Bhushan on Tuesday informed that the Supreme Court has directed the Reserve Bank of India (RBI) to submit details of all the private companies who have more than Rs 500 crore in outstanding dues. The state-owned HUDCO is mandated with building affordable housing and carrying out urban development.

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