Reveal the names of Willful defaulters

♤ The panel asked the apex bank to form empowered committees at the level of RBI, banks and borrowers to monitor large loans.

♤ Name and shame the defaulters - There is no justification of keeping the names secret and asked the RBI to amend its guidelines, it added.

♤ It also recommended that a change in management must be made mandatory in cases involving willful default.