NPAs worth over Rs 4 trillion to be resolved by 2018 end: India Ratings

This is about 45 per cent of bad loans worth Rs 10.2 trillion standing in the books of the top 500 debt-heavy corporates

Showing further traction for asset resolution, bad loans over Rs four trillion are expected to be resolved by 2018, according to India Ratings.

Around 45 per cent of total bad loans worth Rs 10.2 trillion standing in the books of the top 500 debt-heavy corporates are likely to be resolved by the end of 2018 under the Insolvency and Bankruptcy Code (IBC) Act, while the balance is to be resolved largely during 2019.

The bad loans include total borrowings of entities within the top 500 borrower universe as on March 2017, with either a credit rating of ‘C’ or ‘D’.