‘Dirty dozen’ bankruptcy cases to be resolved in current fiscal: SBI

The ‘dirty dozen’ refers to 12 of the largest defaulters in corporate India against which banks have been asked to initiate bankruptcy proceedings by the Reserve Bank of India (RBI). These 12 defaulters account for nearly Rs 2.8 lakh crore worth of bad loans and include the likes of Essar Steel, Bhushan Steel and Bhushan Power & Steel.

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