rbi move on insolvency proceedings credit positive: moody#39;s

Readable article with rbi move on insolvency proceedings credit positive: moody#39;s Title Obtained from moneycontrol news Website.
rbi move on insolvency proceedings credit positive: moody#39;s the reserve bank (rbi) last week said it has identified 12 large loan defaulters who account for 25 percent of the total npas or bad loans in the banking sector and will be referred to the banks concerned for filing insolvency proceedings.