Bankruptcy Code can potentially free Rs 25,000 cr in NPAs in 5 years: Assocham
Proper implementation of the Insolvency and Bankruptcy Code, 2016 can potentially free about Rs 25,000 crore capital locked up as non-performing assets (NPAs), or bad loans, over the next four-five years, Assocham said on Monday.
Nov 21, 2016, 17:29 PM IST
Bankruptcy Code to give fillip to ease of doing biz: Finance Ministry
Describing the Bankruptcy Code as comprehensive and systemic reform, the Finance Ministry on Thursday said the new law will give a big boost to ease of doing business in the country by ensuring a quantum leap for the functioning of the credit market.
May 12, 2016, 20:32 PM IST
