One must get into the habit of verifying the monthly statement to make sure there are no unauthorised transactions. Sugandh is worried about credit card frauds and
Month: November 2018
ATM Costs are Part of Overall Bank Costs–Economic Times
The reported warning by the Confederation of ATM Industry that nearly half of the 2,38,000 automated teller machines (ATMs) may shut down by March 2019
IBC has led to the resolution of unpaid claims of nearly 3,00,000 crores: Injeti Srinivas – The Economic Times
Injeti Srinivas added that cases for which resolution plans had been accepted had led to a recovery of about Rs 71,000 crore and that if
Insolvency law helped address Rs 3 lakh cr stressed assets in 2 years: Official – The Economic Times
Corporate Affairs Secretary Injeti Srinivas said there has been a direct and indirect impact of the Code on stressed assets worth close to Rs 3
Standard Chartered Bank challenges Essar Steel’s resolution plan – The Economic Times
SCB has also challenged the Resolution Plan of Arcelor as being incomplete and in violation of the IBC. Standard Chartered Bank, the third-largest secured financial creditor
Will delay in IBC cases result in bank losses? – The Economic Times
Banks are losing thousands of crores of rupees due to delays in the settlement of bankruptcy cases and rating company ICRA estimated lenders lost Rs.
UltraTech: SC okays UltraTech bid for Binani–Economic Times
The Supreme Court bench led by Justice RF Nariman rejected the Rajputana appeal, setting the stage for a formal takeover of the company by the
SC move to split pleas challenging constitutional validity of IBC offers relief to banks – The Economic Times
Banks have got more time to resolve stressed assets as the Supreme Court has asked the parties to segregate all petitions related to the Reserve Bank of
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