The committee said the move 'clearly undervalued the company and its long-term growth prospects'.
NTPC to be the worst hit, stock slides to five-year low on announcement.
After sending notices to 1.21 million Permanent Account Number (PAN) cardholders who had not filed their income tax (I-T) returns, the I-T department has now identified another 2.17 million potential non-filers. It had already sent letters to 50,000 potential non-filers in the first batch.
Mulls ways to improve the bank's earnings, cut bad loans and step up credit recovery efforts
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