NPAs: Supreme Court to examine disclosure of names
The central government on Tuesday told the Supreme Court (SC) that an expert committee it had appointed on nonperforming assets (NPAs) will submit its report by this monthend and the court must hold its hand till then for further examination of the problem, which plagues the banking sector. The SC, however, stated it would take up the question of disclosure of the names of the defaulters on Friday. The Centre for Public Interest Litigation has moved the court for the disclosure. Its counsel Prashant Bhushan told the Bench, headed by Chief Justice T S Thakur, that the expert committee report would not be reliable, as its five members are the very people involved in reckless lending. BS REPORTER