It is a good thing the RBI and the banks have started identifying big loan defaulters, to resolve these bad loans. True, the new bankruptcy
Category: IBC-SEBI
The new Insolvency and Bankruptcy Code will make it impossible for Indian banks to lend with compassion–Economic Times–21.06.2017
When the Reserve Bank of India dropped a bombshell on the evening of June 13, ordering banks to take the top-12 defaulters to bankruptcy courts,
Big NPAs offer insolvency professionals a Rs 2,500-cr biz prospect
The Reserve Bank of India’s (RBI’s) move to push 12 large non-performing assets (NPAs) of the banking system into the insolvency process has created a
Stressed steel sector loans easier to resolve: bankers–Business Line [ The Hindu ] -17-06-2017
Thanks to revival in demand and prices–Stressed companies in the steel sector stand a better chance of getting resolved under the Insolvency and Bankruptcy Code
Steel, infra companies in RBI’s big-debtor list–Business Line [ The Hindu ] –17-06-2017 ]
‘Dirty dozen’ accounts for ₹2 lakh cr exposure Big companies in the steel and infrastructure sectors dominate the list of 12 large accounts identified by
No timeline for identification of additional defaulters: RBI’s S S Mundra–Financial Express–17-06-2017
RBI Deputy Governor S S Mundra today ruled out coming out with next batch of loan defaulters against whom insolvency proceedings will be initiated. The
NPA recovery–A good start–Business Standard–16-06-2017
On Tuesday, the independent advisory committee that the RBI has set up to advise on loan resolution chose 12 large non-performing accounts for resolution under
Banks take charge to recover bad loans worth Rs 1.5 lakh crore–Economic Times–16-06-2017
Banks are getting into loan recovery overdrive. At least six meetings of joint lenders’ forums have been called next week to finalise the resolution of
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