NPA mess: RBI has list ready of 48 corporate defaulters

The Reserve Bank of India has a list ready of 48 major corporate defaulters, sources have told CNBC-TV18.

Only 12 companies have come up so far, but the central bank will announce a second, third and fourth list in due course.

Meanwhile, as companies approach courts in connection with NPA cases, the government is keeping all options open.

A government official has told CNBC-TV18 that it will exercise more options in corporate bankruptcy cases, but will wait and watch.