IBC's recovery woes: How India can fix the leaks and not just patch the cracksThe IBC struggles with low recovery rates due to infrastructure issues at NCLT and lengthy resolution timelines. To improve, it suggests ap...
MCA seeks inputs from shareholders to revamp IBC rulesIn a notice, the ministry also said it’s seeking to tweak the rules on the application to the adjudicating authority, the annual statement ...
Need to ensure Rupee gains currency globally: PM ModiModi emphasizes RBI's role in globalizing the rupee, enhancing India's economic growth. Efforts include digitizing payments, improving bank...
Revamping of MSME pre-pack top demand of stakeholders to IBBILate Thursday, the Insolvency and Bankruptcy Board of India (IBBI) sought stakeholder responses to strengthen the 2016 regulations that aim...
Sharp recovery in FY22 to help sustain growth: FM Nirmala SitharamanThe government's road map was put into effect in 2014, FM Nirmala Sitharaman said, adding that major reforms, including Goods and Services ...
Bad loan recovery through IBC remains a drag on banksLoan recovery rates halved to 20% in 2020-21 as the impact of the pandemic - and the moratorium to take cases to courts - played out during...
RBI panel calls for an overhaul of ARC regulationsA central bank panel has suggested an overhaul of the rules governing Asset Reconstruction Companies (ARC) to enhance the availability of b...
Insolvency and Bankruptcy Code is broken. It needs to be fixed, immediatelyWhile 4,540 insolvency cases have been admitted for Corporate Insolvency Resolution Process (Cirp), significant recovery has materialised o...
Govt should implement capacity building measures at NCLT: Former NCLT President"NCLT is a specialised tribunal, it has Companies Act and IBC (Insolvency and Bankruptcy Code), it is not like High Court, a High Court jud...
Bankruptcy law comes of ageIndia’s insolvency resolution framework has truly arrived after a tortuous journey of three years. Banks will finally be able to keep out u...
Your stock returns in Samvat 2076 will be swayed by these top factorsA host of developments could give your stocks a lift in the new Hindu accounting year.
10 ways the new Modi government can kick-start the economyA plan to kick-start private investment and stimulate demand has already been drawn up.
A liberal competition law in the works to facilitate M&AsA liberal competition law, mediation and conciliation under IBC and LLP revamp has been planned by the ministry.
SBI puts Essar Steel loan on the blockSBI’s willingness to accept the haircut suggests the lender is not confident of an early resolution of Essar Steel’s outstanding debt.
View: Government should not let bankruptcy resolution be taken for a ride by crony capitalistsThere has to be unambiguous clarity on the public policy goal in resolving bad loans and all rules that conflict with the goal should be am...
IBC panel recommends changes to revamp insolvency resolution processThe panel has recommended changes to the insolvency resolution framework to make it flexible for Resolution Professionals to raise interim ...
PSBs gross NPA hits 9.83% in FY16; rises to 11.82% by September 2016Gross NPAs of private sector banks were Rs 48,380 crore, meaning just 2.70 per cent of gross advances of Rs 17,91,681 crore during the fisc...