 "Bank")
Indian lenders are set to miss the March-end deadline to resolve several key bankruptcy accounts, including that of Reliance Capital (RCap) and Videocon Industries. This is resulting in blockage of funds worth over Rs 1 trillion.
The banks were targeting to conclude the entire process by March-end so that they could resolve these accounts.
Other unresolved accounts include Future Retail, Lanco Amarkantak, Reliance Broadcast, and Srei Infrastructure Finance.
